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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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# 3
p21 MyLab and Mastering - AC X
O Pearson MyLab and Master X
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A Accounting Cycle Tutorial
Step 1: Account Balances
O0000
4
Balancing the Expanded Accounting Equation
Activity 4.a - Balance the Expanded Accounting Equation
Enter the missing value to balance the equation.
Assets = Liabilities + Owner, Capital - Owner, Withdrawals + Revenues - Expenses
%3D
29,000 + 47,000 34,000 + 37,000 – 18,000
000
+ 22,000
10,000 + 19,000 – 30,000
= 000ʻ
16,000 = 35,000
19,000 + 28,000 – 42,000
CHECK ANSWER
SKIP TO NEXT
E RESET
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Transcribed Image Text:00
R
# 3
p21 MyLab and Mastering - AC X
O Pearson MyLab and Master X
Assignments
O Pearson ACT -
O OneLogin
i act.pearsoncmg.com/activity/1/4/1
YouTube
Maps
BC - Tuition Paym...
Apps M Gmail
A Accounting Cycle Tutorial
Step 1: Account Balances
O0000
4
Balancing the Expanded Accounting Equation
Activity 4.a - Balance the Expanded Accounting Equation
Enter the missing value to balance the equation.
Assets = Liabilities + Owner, Capital - Owner, Withdrawals + Revenues - Expenses
%3D
29,000 + 47,000 34,000 + 37,000 – 18,000
000
+ 22,000
10,000 + 19,000 – 30,000
= 000ʻ
16,000 = 35,000
19,000 + 28,000 – 42,000
CHECK ANSWER
SKIP TO NEXT
E RESET
Privacy Policy
Convright © 2022 Pearson Education
horngren_fin13..pptx
horngren_fin13..pptx
MacBook Pro
esc
We
%24
4.
&
%
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ger
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- 1. 2. 3. 4. 5. Present Value ? $36,289 15,884 46,651 15,376 Future Value $ 40,000 65,000 40,000 100,000 ? i 10% 5 ? 10 8 ? n 7 ? 8 20arrow_forwardIf the profit margin is 0.1142, asset turnover is 0.5619 and financial leverage is 1.2937, what is the return on asset? Multiple Choice 0.1142 0.7269 0.0830 0.0642arrow_forwardProvide true solutionarrow_forward
- If total equity decreased by RO10,00oo, then, to balance the accounting equation Select one a. Equity must have decreased by R0.10,000. O b Liabilities must have decreased by R.O.10,000. c. Assets must have decreased by R.O.10,000 O d. Assets must have increased by R.O.10,000.arrow_forwardResidual Income = $23000 Operating income = 35,844 Cost of Capital = 12% What is return on investment? Don't round any intermediate calculations. Enter your answer to one decimal place. Do not use commas, percentage or dollar signs.arrow_forward* 24 Study the below and answer the questions that follow. Table 2.4 (Millions Company A Company B / Company C Now- Current Assets R136 822 & 124 948 104 516 Total Asset R231945 8227291 256 718 Inventories R5412 26454 Rio 343 Non-Current Liabilities 245232 R34 142 R53 434 Total Liabilities R75231 285 010 R95 010 Calculate the quick ratio of all companies using tablearrow_forward
- If assets are $375,000 and equity is $125,000, then llablikies are: O O Multiple Choice O $500,000. $125,000. $625,000. $250,000. $375,000 15arrow_forwardConsider the following table: Vehicle #1 $24,350 W X What is the value of y? 2.24 1.03 1.45 1.72 000. Vehicle #2 $34,890 1 Z Vehicle #3 $59,980 y 100arrow_forward
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