Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 26, 2024

CootiOnz Enterprise reports the following assets and liabilities:.Bank = 45800, Short term loan = 22800, Buildings = 15000, Accruals = 6900, Account Receivable = 10000.

Compute the total liabilities that should be reported in the company's balance sheet.

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

Public Finance

Authors: Harvey S Rosen

7th Edition

0072876484, 978-0072876482

More Books

Students also viewed these Finance questions

Question

★★★★★

Seminole Company began year 2013 with 23,000 units of product in its January 1 inventory costing $ 15 each. It made successive purchases of its product in year 2013 as follows. The company uses a...

Answered: 1 week ago

Question

★★★★★

Which of the following is NOT an Investing Activity on the Statement of Cash Flows of SmithBand Corporation? Which of the following is NOT an Investing Activity on the Statement of Cash Flows of...

Answered: 1 week ago

Question

★★★★★

For the events A, B, and C of a sample space, we are given P(ABC) = a, P(ABC) = b1, P(ABC) = b2, P(ABC) = b3, P(ABC) = c1, P(ABC) = c2, P(ABC) = c3. Calculate the probabilities of the events A, B,...

Answered: 1 week ago

Question

★★★★★

Murray Corp. manufactures surveying equipment. Journalize the entries to record the following selected equity investment transactions completed by Murray during 2014: Jan. 16. Purchased for cash...

Answered: 1 week ago

Question

★★★★★

Match the cost with the correct categorization for a company that makes dog beds Salary for production supervisor Non-Product Cost Direct Lab Product Cost Overhead (Indir Tag on product that says...

Answered: 1 week ago

Question

★★★★★

Part 2: Pick an agency or person who specializes in serving those with psychological disorders. If you work for an organization or have been served by an organization/person that you would like to...

Answered: 1 week ago

Question

★★★★★

Now, suppose Grant had a stopwatch and starts the stopwatch when Alan starts running. Grant notices that Alan reaches his max speed when the stopwatch reads 8 seconds, and Alan is at the 60 yard-line...

Answered: 1 week ago

Question

★★★★★

An electric motor raises the container of a liquid a vertical distance of 7.5 m in only 6.0 s. During this time its power input is 9.5 kW. a) How much work does the motor do on the liquid? b) How...

Answered: 1 week ago

Question

★★★★★

As your final task as a sales and marketing intern, you have been asked to evaluate a further promotional plan for 1 month-this time to boost occupancy rates at the Crystal Hotel. This will include a...

Answered: 1 week ago

Question

★★★★★

Suppose a jet's fuselage measures 80 feet long and 7 feet in diameter. Our objective is to design a reference wing for it using the following parameters: The subsonic aerodynamic center at 0.25c is...

Answered: 1 week ago

Question

★★★★★

Coffeex is a leading coffee importer and distributor for coffee capsules. The worldwide volume of coffee exports rose to a record of 4.5 billion tones in 2010, or $7 billion. Coffeex was the first...

Answered: 1 week ago

Question

★★★★★

Explain the key components of an assessment center (AC).

Answered: 1 week ago

Question

★★★★★

This means that almost half the employees are near or over the retirement age. How should On Cheong renew its workforce? Should it recruit and nurture a new cohort of younger employees? Should...

Answered: 1 week ago

Question

★★★★★

The tenure of employees also has implications for customer relations. Would it be more difficult for On Cheong to continue to foster long-term relationships with customers if its employees do not...

Answered: 1 week ago

Previous Question Next Question