Use the basic accounting equation to answer these questions. (a) The liabilities of Cullumber Company are...
Use the basic accounting equation to answer these
questions.
(a) The liabilities of Cullumber Company are $96,300 and the
stockholders’ equity is $256,000. What is the amount of Cullumber’s
total assets?
|
Total assets |
$enter a dollar amount |
|---|
(b) The total assets of Vaughn Company are $182,000 and its
stockholders’ equity is $90,000. What is the amount of its total
liabilities?
|
Total liabilities |
$enter a dollar amount |
|---|
(c) The total assets of Riverbed Co. are $900,000 and its
liabilities are equal to one-fourth of its total assets. What is
the amount of Riverbed’s stockholders’ equity?
|
Stockholders’ equity |
$enter a dollar amount |
|---|
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Homework Answers
Total assets of Cullumber company are= total liablities+stockholder equity = $96,300+$256,000=$352,300
Total liabilities of Vaugh Compnay are= total assets - stcokholder's equity= $182,000-$90,000=$92,000
Stockholder's equity of Riverbed co are= total assets-total liabilities= $90,000-$90000x1/4=$675,000
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Use the basic accounting equation to answer these
questions.
(a) The liabilities of Cullumber Company are...
In Accounting Current Attempt in Progress Use the basic accounting equation to answer these questions. (a)...
In Accounting
Current Attempt in Progress Use the basic accounting equation to answer these questions. (a) The liabilities of Cullumber Company are $99,000 and the stockholders' equity is $237,000. What is the amount of Cullumber's total assets? Total assets $ (b) The total assets of Pharoah Company are $195,000 and its stockholders' equity is $89,000. What is the amount of its total liabilities? Total liabilities $ (c) The total assets of Bramble Co. are $795,000 and its liabilities are equal...
Brief Exercise 1-8 Use the basic accounting equation to answer these questions. (a) The liabilities of...
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Brief Exercise 1-8 Use the basic accounting equation to answer these questions. (a) The liabilities of...
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Given the accounting equation, answer each of the following questions. (a) The liabilities of Ayayai Company...
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BE1-4 Use the accounting equation to answer each of the following questions. (a) The liabilities of...
BE1-4 Use the accounting equation to answer each of the following questions. (a) The liabilities of Olga Company are $90,000. Common stock account is $150,000; divi- dends are $40,000; revenues, $450,000; and expenses, $320,000. What is the amount of Olga Company's total assets? (b) The total assets of Lafayette Company are $57,000. Common stock account is $23,000; dividends are $7,000; revenues, $50,000; and expenses, $35,000. What is the amount of the company's total liabilities? (c) The total assets of Dierdorf...
Given the accounting equation, answer each of the following questions. (a) The liabilities of Holland Company...
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1. Presented below is the basic accounting equation. Determine the missing amounts. Assets Liabilities + Owner's...
1. Presented below is the basic accounting equation. Determine the missing amounts. Assets Liabilities + Owner's Equity (a) $90,000 $50,000 (b) ? $44,000 $70,000 (c) $94,000 $53,000 1. Presented below is the basic accounting equation. Determine the missing amounts. Assets Liabilities + Owner's Equity (a) $90,000 $50,000 ? (b) ? $44,000 $70,000 (e) $94,000 ? $53,000 2. Given the accounting equation, answer each of the following questions. (a) The liabilities of Weber Company are $120,000 and the owner's equity is...
Brief Exercise 1-2 Given the accounting equation, answer each of the following questions. (a) The liabilities...
Brief Exercise 1-2 Given the accounting equation, answer each of the following questions. (a) The liabilities of Whispering Winds Company are $123,000 and its stockholders' equity is $240,500. What is the amount of Whispering Winds Company's total assets? Whispering Winds Company's total assets $ (b) The total assets of Whispering Winds Company are $196,500 and its stockholders' equity is $90,500. What is the amount of its total liabilities? Whispering Winds Company's total liabilities $ (c) The total assets of Whispering...
In Accounting
Current Attempt in Progress Use the basic accounting equation to answer these questions. (a) The liabilities of Cullumber Company are $99,000 and the stockholders' equity is $237,000. What is the amount of Cullumber's total assets? Total assets $ (b) The total assets of Pharoah Company are $195,000 and its stockholders' equity is $89,000. What is the amount of its total liabilities? Total liabilities $ (c) The total assets of Bramble Co. are $795,000 and its liabilities are equal...
Brief Exercise 1-8 Use the basic accounting equation to answer these questions. (a) The liabilities of Lantz Company are $93,700 and the stockholders' equity is $240,000. What is the amount of Lantz Company's total assets? Total assets (b) The total assets of Salley Company are $193,000 and its stockholders' equity is $84,000. What is the amount of its total liabilities? Total liabilities (e) The total assets of Brandon Co. are $890,000 and its abilities are equal to one-fourth of its...
Brief Exercise 1-8 Use the basic accounting equation to answer these questions. (a) The liabilities of Jantz Company are $95,860 and the stockholders' equity is $269,500. What is the amount of Jantz Company's total assets? Total assets (b) The total assets of Foley Company are $189,900 and its stockholders' equity is $85,300. What is the amount of its total liabilities? otel labilities (c) The total assets of Sundberg Co. are $947,700 and its liabilities are equal to one-fourth of its...
Question 3 View Policies Show Attempt History Current Attempt in Progress • Your answer is partially correct. Use the basic accounting equation to answer these questions. (a) The liabilities of Ivanhoe Company are $96,300 and the stockholders' equity is $277,000. What is the amount of Ivanhoe's total assets? Total assets $ 373300 (b) The total assets of Tamarisk Company are $184,000 and its stockholders' equity is $88,000. What is the amount of its total liabilities? Total liabilities $ 96000 (c)...
Everose olem 1.03A 1-3 oblem 1-OSA Use the basic accounting equation to answer these questions. (a) The liabilities of Sandhill Company are $94,100 and the stockholders' equity is $243,000. What is the amount of Sandhill's total assets? Total assets w Score ew Results by Study active (b) The total assets of Whispering Company are $181,000 and its stockholders' equity is $82,000. What is the amount of its total liabilities? Total liabilities (c) The total assets of Monty Co. are $830,000...
Given the accounting equation, answer each of the following questions. (a) The liabilities of Ayayai Company are $117.000 and its stockholders' equity is $224,500. What is the amount of Ayayai Company's total assets? Ayayai Company's total assets $ (b) The total assets of Ayayai Company are $180,000 and its stockholders' equity is $84,500. What is the amount of its total liabilities? Ayayai Company's total liabilities $ (c) The total assets of Ayayai Company are $544,000 and its liabilities are equal...
BE1-4 Use the accounting equation to answer each of the following questions. (a) The liabilities of Olga Company are $90,000. Common stock account is $150,000; divi- dends are $40,000; revenues, $450,000; and expenses, $320,000. What is the amount of Olga Company's total assets? (b) The total assets of Lafayette Company are $57,000. Common stock account is $23,000; dividends are $7,000; revenues, $50,000; and expenses, $35,000. What is the amount of the company's total liabilities? (c) The total assets of Dierdorf...
Given the accounting equation, answer each of the following questions. (a) The liabilities of Holland Company are $122,500 and its stockholders' equity is $241,000. What is the amount of Holland Company's total assets? Holland Company's total assets (b) The total assets of Holland Company are $187,000 and its stockholders' equity is $93,000. What is the amount of its total liabilities? Holland Company's total liabilities (c) The total assets of Holland Company are $612,000 and its liabilities are equal to one-half...
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