Interested to Buy Any Domain ? << Click Here >> for more details...
ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.11 : Let an Accounting Equation to be : Assets = Liabilities + Equity of Owner. In a biochemical engineering organization, its account balance sheet contains the following information : Accounts payable $2200; accounts receivable $1500; line of credit $500; cash $100; long term debt $3800; inventory $1300; investments $800; plant equipment $6800. Find the equity of owner by applying Accounting Equation.
- 1 Answers
- 2677 Views
- I also Faced
- E-Mail Answers
Answer Posted / kangchuentat
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.11 : Total asset = accounts receivable $1500 + cash $100 + inventory $1300 + investments $800 + plant equipment $6800 = $10500. Total liabilities = accounts payable $2200 + line of credit $500 + long term debt $3800 = $6500. Equity of owner = total assets - total liabilities = $10500 - $6500 = $4000. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is the Import Procurement Cycle ? and what are the customization steps in SAP ?
What are the advantages and disadvantages of using gear pumps?
Are there any general rules that should be considered when designing a slurry piping system?
Under what circumstances are vortex flowmeters the most accurate?
design calculations for reactor
i need last year question paper of GATE exam of chemical stream.but i failed i geting exam papers.soits humble request to u that if any body found last years GATE exam paper of chemical stream then send it to on this mail address.i shall be thankful to u for this. mail address:- sachin_4255@yahoo.co.in thank you.
In a Furnace arch pressure is more than Hearth pressure,then how flue gas travels to stack
What is the maximum permissible Earth to Neutral voltage in an electrical system.
Explain how can you quickly estimate the horsepower of a pump?
Explain how instrument air is continually supplied in process plant?
What are the factors involved in designing kettle type reboiler?
Explain what is the method involved in analyzing powders for composition?
How much water is lost through a commercial cooling tower system with a throughput of about 600 gpm?
Hi, This is Naveen, plz if anybody have experience of IOCL interview, send me question.
Explain how can you estimate a gas flow based on two pressure measurements?
