Fritz Evans is the owner and operator of Be-The-One, a motivational consulting business. At the end of
Question:
a. Owner's equity as of December 31, 2013.
b. Owner's equity as of December 31, 2014, assuming that assets decreased by $65,000 and liabilities increased by $36,000 during 2014.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 25% (8 reviews)
a A L OE 395000 97000 OE ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 978-1133607601
25th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Question Posted:
Students also viewed these Accounting questions
-
Why do organizations advocate for increasing women's participation in the workforce? (pls include in-text citation and reference list, must be from the list below) What are the issues or barriers to...
-
Bill Dundee is the owner and operator of Western Bottling, a bulk soft-drink producer. A single production process yields two bulk soft drinks, Rainbow Dew (the main product) and Resi-Dew (the...
-
Paul Eberly is the owner and operator of Youre Great, a motivational consulting business. At the end of its accounting period, December 31, 2009, Youre Great has assets of $475,000 and liabilities of...
-
A communal vegetable garden has been set up by the council for 68 members of a small self- sustaining community. Each of the 68 members can either contribute towards taking care of the garden or...
-
Hollins, Inc., a manufacturer of computer chips, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the year 2012. For 2012, the company had...
-
Suppose you started up your own landscaping business. A customer paid you $175 in advance to mow his or heV lawn while he or she was on vacation. You performed landscaping services for a local...
-
You are trying to value three-month call and put options on Merck with a strike price of \($30.\) The stock is trading at \($28.75,\) and the company expects to pay a quarterly dividend per share of...
-
(a) Given the product structure and master production schedule (Figure 14.14 below), develop a gross requirements plan for all items. (b) Given the preceding product structure, master production...
-
Solve for the unknown interest rate in each of the following: Present Value Years Interest Rate Future Value $300 4 ? $380 $420 18 ? $1,394 $45,000 19 ? $237,520 $44,261 25 ? $703,627
-
Please solve this problem using C language Hacker Industries has a number of employees. The company assigns each employee a numeric evaluation score and stores these scores in a list. A manager is...
-
Megan Newell is the owner and operator of Ultima LLC, a motivational consulting business. At the end of its accounting period, December 31, 2013, Ultima has assets of $942,000 and liabilities of...
-
Using the income statement for Sunset Travel Service shown in Practice Exercise 1-4A, prepare a statement of owner's equity for the current year ended April 30, 2014. Craig Daws, the owner, invested...
-
You are planning to construct a 90% confidence interval estimate of a population proportion. You want your estimate to have a margin of error of .03. What is the minimum required sample size if the...
-
A gas station owner finds that for every penny increase in the price of gasoline, she sells 1657 fewer gallons per week. Using x to represent the number of penny changes in price, create an equation...
-
Build a boosting model to predict NPV. In the gbm function, set distribution="gaussian", n.trees=5000, interaction.depth=4, shrinkage=0.0001, cv.folds = 6. Just before the function call set the seed...
-
How does regulation shape the strategic choices which companies and organisations face in regulated industries or regulated fields of work? To support your argument, compare cases of companies or...
-
What types of people are not able to provide consent for an organization to collect their personal information? Which personality trait do the lecture notes suggest is a predictor for effective pair...
-
what ways does the multifaceted nature of resilience, encompassing psychological, social, and ecological dimensions, intersect with complex adaptive systems theory, and how can this understanding...
-
Lisa Lin is the manager of a large retail store specialising in childrens clothing and accessories. As Lisa is the longest-serving employee, she believes that she knows what is best for the store....
-
According to a recent survey, 40% of millennials (those born in the 1980s or 1990s) view themselves more as spenders than savers. The survey also reveals that 75% of millennials view social...
-
What is the difference between an account and a ledger?
-
Do the terms debit and credit signify increase or decrease or can they signify either? Explain.
-
If the two totals of a trial balance are equal, does it mean that there are no errors in the accounting records? Explain.
-
tk ices Direct labor-hours required to support estimatedproduction Machine-hours required to support estimated productionFixed manufacturing overhead cost osting system. At the beginningof the year...
-
. Attempted E Test: Exam 2 < Question 30 of 36 This test: 100 point(s) possible This question: 4 point(s) possible Submit test Pandom, Inc., produces chemicals for large biotech companies. It has...
-
help. (Q2a): Week 4 Question 10 - Delta Plc The following details relate to two items of property, plant and equipment owned by Delta Plc which are depreciated on a straight-line basis with no...
Study smarter with the SolutionInn App