juliestaten6258 juliestaten6258
  • 04-09-2019
  • Business
contestada

A company's balance sheet shows: cash $26,000, accounts receivable $32,000, equipment $54,000, and equity $74,000. What is the amount of liabilities?

Respuesta :

Dryomys Dryomys
  • 09-09-2019

Answer: $38,000

Explanation:

Given that,

Company's balance sheet shows that,

Cash = $26,000

Accounts receivable = $32,000

Equipment = $54,000

Equity = $74,000

Liabilities = Cash + Accounts receivable + Equipment - Equity

                = $26,000 + $32,000 + $54,000 - $74,000

                = $38,000

Therefore, the amount of liabilities is $38,000.

Answer Link

Otras preguntas

For the graphed function f(x) =(2)^x +2 +1. Calculate the average rate of change from x = -1 to x= 0
How does biomass change from lower to higher trophic levels.
1=3what does this equal\\
A catcher “gives” with the ball when hecatches a 0.206 kg baseball moving at 18 m/s.If he moves his glove a distance of 4.14 cm,what is the average force acting
how many molecules are in 1 mole of H2O
Which answer best describes US national Road
A sporting event is played on a field 312 ft long. How many yards long is this field? (3 feet = 1 yard) So, the field is yards long.
2. A -1 -3 -2. 2 3 B -1 -2 The midpoint of AB = ([?], [])
Calculate the volume of a carbon monoxide when 22 grams of CO(g) exerts a pressure of 99.5 Kpa at 50 C. The topic is Chemistry and is Ideal gas laws, please he
Jenna bought four composition notebooks in three pocket folders from the bookstore and paid $9.85. If the cost of a pocket folder is $1.15 less than the cost of