User Account

All Pages

What is the amount of the owner equity for alex

Assignment Help Financial Accounting
Reference no: EM133007474

Problem 1: Alex started his business by investing the following: Cash P 80,000; equipement originally purchased at 150,000 but with a fair market value of 300,000 at investment date; supplies of 30,000 bought via a loan from the bank by the company. What is the amount of the owner's equity.

Reference no: EM133007474

Questions Cloud

Good idea for companies to emphasize person-organization : Do you think it is a good idea for companies to emphasize person-organization fit when hiring new employees?
How much is the ending capital : How much is the ending capital? During the year, service was rendered for Php 430,000 whole Php 269,000 was incurred for various expenses.
Communication issues or barriers among patients and staff : As a healthcare administrator, do you think that one of your function is to implement a consistent feedback system that will allow you to address communication
Describe the payroll implications : What is the health care funding method used in british columbia and describe the payroll implications
What is the amount of the owner equity for alex : Market value of 300,000 at investment date; supplies of 30,000 bought via a loan from the bank by the company. What is the amount of the owner's equity.
Illinois department of healthcare and family services : Problem: Turnovers of employees at the Illinois Department of Healthcare and Family Services of Collection - Technical Recovery.
Bring about strategic change : One of the most successful departmental stores in America is known as Wall-Mart stores and is named after its founder Sam Walton. Because of the phenomenal succ
Explain the principle of revenue recognition : How do we compute for depreciation Straight Line Method (show formula and explain, you can also cite example). Explain the principle of Revenue Recognition
Training and development efforts : Why would some companies resist creating and using competency models for their training and development efforts?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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