![tddreviews](/avatars/13320.jpg)
tddreviews
26.08.2019 •
Business
Abc company had the following transactions: owners invested $80,000. purchased equipment for $50,000 on credit. borrowed $60,000 from the bank. purchased $25,000 of computer. paid $5,000 for rent. what is the effect on total assets?
Solved
Show answers
More tips
- S Society and Politics Why are thugs called gopniks ? A fascinating journey through Russian subculture...
- A Animals and plants Want a Perfect Lawn? Learn How to Plant Grass the Right Way...
- A Animals and plants How to Properly Care for a Pet Decorative Rabbit at Home?...
- C Computers and Internet How to Check the Speed of My Internet?...
- H Health and Medicine 10 Ways to Cleanse Your Colon and Improve Your Health...
- W Work and Career How to Write a Resume That Catches the Employer s Attention?...
- C Computers and Internet Е-head: How it Simplifies Life for Users?...
- F Family and Home How to Choose the Best Diapers for Your Baby?...
- F Family and Home Parquet or laminate, which is better?...
- L Leisure and Entertainment How to Properly Wind Fishing Line onto a Reel?...
Answers on questions: Business
- B Biology What type of organism is pictured below? Is it a prokaryote eukaryote? What is it s common name?...
- B Business Review each of the following statements to determine which is correct regarding the importance of assessing a company s risk of paying debt. a) A company that finances their...
- M Mathematics Pls help it’s due at 12:00...
- M Mathematics Which set of polar coordinates are plotted in the graph? A.) (-2,2pi/3) B.) (-2,-2pi/3) C.) (2,5pi/3) D.) (2,pi/6)...
- M Mathematics What is another way to say constant of proportionality ?...
Ответ:
It increase the total assets by $75,000.
Explanation:
Total assets: It includes currents assets, fixed assets, and intangible assets.
The current assets are that current assets that have liquidity or converted into cash within one year. For example stock, debtors, cash
Fixed assets are those assets which have long term life that can be seen and touched. Like plant & machinery, equipment, land, furniture & fixtures ,etc
Intangible assets are those assets which have unlimited life that can not be seen or touched. For example patents, goodwill, trademark, copyrights, etc.
So, by going through the meanings of total assets we get to know that the purchase of equipment and the purchase of a computer has come under total assets which have a total cost of $50,000 + $25,000 = $75,000
So, it increases the total assets by $75,000.
Ответ:
your gay
Explanation:
gay