Given that both liabilities and shareholders' equity are on the same side of the accounting equation, why
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
Shareholders equity consists of different components and they do not all move in the s...View the full answer
Answered By
Cyrus Sandoval
I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include:
- Front end languages: css, HTML, Javascript, XML
- Frameworks: Angular, Jquery, Bootstrap, Jasmine, Mocha
- Back End Languages: Java, Javascript, PHP,kotlin
- Databases: MySQL, PostegreSQL, Mongo, Cassandra
- Tools: Atom, Aptana, Eclipse, Android Studio, Notepad++, Netbeans.
Having a degree in Computer Science enabled me to deeply learn most of the things regarding programming, and i believe that my understanding of problem solving and complex algorithms are also skills that have and will continue to contribute to my overall success as a developer.
I’ve worked on countless freelance projects and have been involved with a handful of notable startups. Also while freelancing I was involved in doing other IT tasks requiring the use of computers from working with data, content creation and transcription.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
Question Posted:
Students also viewed these Accounting questions
-
Refer to Exhibit 1.9, which contains balance sheet information from the financial report of Palmer Coldgate, a U.S. consumer products manufacturer. This firm reports all amounts in millions of U.S....
-
The following items are from the liability and shareholders' equity sections of WestJet Airlines Ltd.'s December 31, 2012, statement of financial position (in thousands): Accounts payable and accrued...
-
The financial statements of Jean Coutu are presented in Appendix B following the fi nancial statements for Shoppers Drug Mart in Appendix A. Instructions (a) Using Shoppers Drug Mart's financial...
-
Density is not routinely measured in the atmosphere. Why is this not a problem for atmospheric scientists?
-
The FASB is organized to establish generally accepted accounting principles. It is assisted by various groups and operates under a set of procedures. Required Prepare a short written report that...
-
The following information is available for Stamos Corporation for the year ended December 31, 2017. Beginning cash balance .............................................. $ 45,000 Accounts payable...
-
Your company sells $100,000 of goods and you collect sales tax of 3%. What current liability does the sale create? a. Accounts Payable of $3,000 b. Unearned Revenue of $3,000 c. Sales Revenue of...
-
On June 30, Reyes Corporation discontinued its operations in Mexico. On September 1, Reyes disposed of the Mexico facility at a pretax loss of $640,000. The applicable tax rate is 25%. Show the...
-
QUESTION 8 Every month, you will be depositing $100 into an account for a year starting today. If you ended up having $1300 after the 12 deposits, what periodic interest rate was earned? Write your...
-
The following is the statement of financial position of TT and Co. (see Self-assessment question 3.1 on page 105) at the end of its first year of trading: During 2010, the following transactions took...
-
Natalie Boudreau, an introductory accounting student, believes debit balances are favourable and credit balances are unfavourable. Is Natalie correct? Discuss.
-
For each of the following accounts, indicate (a) whether the account would have a normal debit or credit balance, and (b) the appropriate statement classifi cation (income statement, statement of...
-
If Xi ~ Pois (i), I = 1, 2, . . ., k, are independent, and Then -LA.
-
Sometimes companies will purchase a booth at a trade show in order to have their sales people discuss what their products or services can do for these potential customers. What this is an example of ?
-
Which regulatory entity establishes and interprets the rules that govern the over-the-counter markets?
-
How can a manufacturing firm best utilize computer technology to help run the supply chain?
-
Consider a stock currently (S 0 ) priced at SAR 80. One period later it can go up(u) by 25% or go down(d) by 20%. The risk-free rate is 7 percent. Calculate the current/theoretical value of the...
-
Define and thoroughly explain what the Trade Dispute Act is and its purpose.
-
A rotating flywheel slows down with constant angular acceleration due to friction in its bearings. At t = 0, its angular velocity is 420 rad/s. At t = 60 s, its angular velocity is 340 rad/s. (a)...
-
Suppose the S&P 500 futures price is 1000, = 30%, r = 5%, = 5%, T = 1, and n = 3. a. What are the prices of European calls and puts for K = $1000? Why do you find the prices to be equal? b. What...
-
When reacquiring shares, under what circumstances would the Contributed Surplus account be affected? The Retained Earnings account? Would the effect caused by the circumstances described above result...
-
The Royal Bank of Canada has a noncumulative class of preferred shares with an annual dividend rate of $1.18. David Chen owns 1,000 of these shares. If the Royal Bank declares and pays a quarterly...
-
(a) What is the difference between a redeemable and a retractable preferred share? (b) What is the difference between cumulative and noncumulative preferred shares? (c) Can dividends in arrears arise...
-
9- Assume that printer interrupt priority: 2, disk interrupt priority:4, serial line interrupt priority: 6, Ethernet interrupt priority: 5. Determine the order of interrupt services according to: A...
-
4- Assume that printer interrupt priority: 2, disk interrupt priority:4, Ethernet interrupt priority: 5. A user program starts at t = 0 and takes 40 seconds to complete. At t = 10, a disk interrupt...
-
Robbie is a 3 year old boy in the bur oak room at little.ly early learning centre. You have been one of robbies educators for the past two weeks. You and your colleagues have been concerned about...
Study smarter with the SolutionInn App