User Account

All Pages

How would elements of the accounting equation be affected

Assignment Help Accounting Basics
Reference no: EM132710761

Problem - Capstone Consulting Services acquired land 5 years ago for $200,000. Capstone recently signed an agreement to sell the land for $375,000. In accordance with the sales agreement, the buyer transferred $375,000 to Capstone's bank account on February 20. How would elements of the accounting equation be affected by the sale?

Reference no: EM132710761

Questions Cloud

What was the cost of goods sold for february : During the month of February, Loard Corporation, a manufacturing company, purchased raw material. What was the cost of goods sold for February?
How would this error affect the income statement : Assume that Esquire Consulting erroneously recorded the payment of $30,000 of dividends as salary expense. How would this error affect the income statement
What rate would adopt for pricing issues : A consignment consisted of two chemicals X and Y. What rate would you adopt for pricing issues assuming a provision of 5% towards further deterioration?
Phone taps-power plays and sarcasm : Review the Washington Post article, "Phone Taps, Power Plays and Sarcasm: What It's Like to Negotiate With Vladimir Putin."
How would elements of the accounting equation be affected : Capstone Consulting Services acquired land 5 years ago for $200,000. How would elements of the accounting equation be affected by the sale
Advantages and challenges to achieving a diverse workplace : Define diversity and highlight at least three advantages and challenges to achieving a diverse workplace.
Which price strategies suitable for the software development : Which price strategies suitable for the software development, professional services, and special projects of Health Services Software.
Discuss some techniques that may be used in course design : Discuss some techniques that may be used in course design to help motivate students who attend training as a requirement and not because they "want".
Can speculation impact organization decision-making : Consider the concept of contagion. Can speculation impact your organization's decision-making abilities in areas of economic crisis (e.g. Greece, France, etc).

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd