Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 23, 2024

A business have total assets of AED90,000, and total liabilities as AED60,000. What will be amount of total owner's equity for the business? AED60,000 O

A business have total assets of AED90,000, and total liabilities as AED60,000. What will be amount of total owner's equity for the business? AED60,000 O AED90,000 O AEDO Windows b WAED30.000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Tutor For Beginners Simple Approach To Understanding And Learning Accounting By Any One

Authors: Hamad Ali

1st Edition

979-8864820025

More Books

Students also viewed these Accounting questions

Question

(a) What are the independent (or basic) factors and what are the dependent factors?

Answered: 1 week ago

Question

★★★★★

a. At a product price of $56, will this firm produce in the short run? Why or why not? If it is preferable to produce, what will be the profit-maximizing or loss-minimizing output? Explain. What...

Answered: 1 week ago

Question

★★★★★

A business have total assets of AED90,000, and total liabilities as AED60,000. What will be amount of total owner's equity for the business? AED60,000 O AED90,000 O AEDO Windows b WAED30.000

Answered: 1 week ago

Question

★★★★★

How do we calculate it? Please show the steps Set NAL = 0, and solve for L $13, 246,453.27 [1-(1+0.0455)-51 L (1.04) 0.0455 [1 - (1 + 0.0455)-5 -L(.35) 0.0455

Answered: 1 week ago

Question

★★★★★

Refer to the table below to answer the following question Table 1: Production Possibilities for Simon's simple factory Nuts (units per day) 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Bolts (units...

Answered: 1 week ago

Question

★★★★★

Match the communication methods with their corresponding advantages in the table below: Table of communication methods and descriptions. Method A: Increases flexibility and reduces pressure. Method...

Answered: 1 week ago

Question

★★★★★

A. Patrimonio is a stockholder of ABC, Inc. which has 30,000 shares outstanding and 50,000 shares of authorized capital stock. There are eleven seats in the board of directors. 7. How many shares and...

Answered: 1 week ago

Question

★★★★★

28 S Sol-Motors is the only auto manufacturer in West Lidia, a country that prohibits the importation of cars. The graph below shows the demand and the costs for Sol-Motors. Costs and revenues (in...

Answered: 1 week ago

Question

★★★★★

Wasteful usage of variable overhead costs such as indirect materials and utilitiesi.e., misplacing or spilling indirect materials or leaving machines running and doors to refrigerated areas open will...

Answered: 1 week ago

Previous Question Next Question