User Account

All Pages

What is the correct balance on the assets

Assignment Help Accounting Basics
Reference no: EM132930650

Question - Salma has started a business with cash OMR 10,000; she purchased car for OMR 2,500 cash and sold goods for cash OMR 1,000. What is the correct balance on the assets side on the basis of above transactions?

Reference no: EM132930650

Questions Cloud

What will be baldwin book value : If there is no new stock issued what will be Baldwin's book value? Baldwin's balance sheet has $96,096,000 in equity. The company is expecting net income.
Explain the accounting treatment for the transaction : Assume the credit balance in the Allowance to Reduce Inventory to Net Realisable Value (NRV) is RM85,000. Explain the accounting treatment for the transaction
How much of the collected should baldwin show on march : How much of the collected $2.790mil should Baldwin show on the March 31st income statement and how much on the May 31st income statement?
What is zonk cost of common equity : What is Zonk's cost of common equity? Assume that the risk-free rate is 2% and the market risk premium is 7%. Book value of debt capital $8,000,000.
What is the correct balance on the assets : Salma has started a business with cash OMR 10,000; she purchased car for OMR 2,500 cash and sold goods for cash OMR 1,000. What is the correct balance
Destroy your professional presence : All of the information that is available on the internet about you can be used to help form or destroy your professional presence.
New year eve dinner : You practiced with catering and the menu as well as best practices in the learning activity. Now you will plan a conference dinner menu based on quality,
What laws do widespread recording of enrollment explanation : What laws do Widespread recording of an enrollment explanation with the SEC not bring about consistence with? What does the buyer qualify as?
What is the amount transferred to retained earnings : What is the amount transferred to retained earnings if Paraw Company opted to transfer the unrealized gain or loss relating to the shares sold

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