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Question 5 Find out the value of Equity, if Assets are AED 85.000 twice ( to times) the liabilities AED 42,500 A. B. AED 125,000
Question 5 Find out the value of Equity, if Assets are AED 85.000 twice ( to times) the liabilities AED 42,500 A. B. AED 125,000 AED 70,0000 . Cannot be computed D. If a company uses AED $10,000 of its cash for paying salaries, the effect on the accounting equation would be Asset decreases $5,000 and equity decreases $5,000. A. Asset increases $5,000 and liability decreases $5,000. B. Asset increases $5,000 and equity decreases $5,000. C. One asset increases $5,000 and another asset decreases $5,000, causing no effect. D
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