« previous next »

Author Question: The total assets amount to 26,000 and the total liabilities amount to 18,000 . The amount of the ... (Read 125 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
on: Jul 5, 2018
The total assets amount to 26,000 and the total liabilities amount to 18,000 . The amount of the owner's equity is
 a. 18,000.
   b. 44,000.
   c. 26,000.
   d. 8,000.

Question 2

Buyers and sellers do not normally record the list prices of merchandise and the trade discounts in accounts.
 a. True
  b. False
 
   Indicate whether the statement is true or false


yotaSR5

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Eclipse Paths for Total and Annular Eclipses 2001–2020 Eclipse Paths for Total and Annular Eclipses 2001–2020
Behavior modification has been useful in raising the amount of social responding by children with ... Behavior modification has been useful in raising the amount of social responding by children with ...
The relationship of substrate con- version (as measured by optical density) to the amount of patient ... The relationship of substrate con- version (as measured by optical density) to the amount of patient ...
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Calculate the amount of interest that will be charged on $9000.00 borrowed for four months at ... Calculate the amount of interest that will be charged on $9000.00 borrowed for four months at ...
What is the total number of valence electrons in a silicate ion, SiO32-? What is the total number of valence electrons in a silicate ion, SiO32-?
Video: Import of Dietary Glucose from Intestines to Bloodstream

For a complete list of videos, visit our video library