Name and describe the three major categories of balance sheet accounts.
Question:
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
Assets Resources of the firm ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
Question Posted:
Students also viewed these Accounting questions
-
Describe the three major categories of activities that are shown on the statement of cash flows.
-
Describe the three major categories of activities that are shown on the statement of cash flows. Discuss.
-
Describe and illustrate the three major categories of items that appear in a typical balance sheet.
-
QUESTION THREE The following is an extract of a trial balance of Ruslan-Ford Partners as at 28 February 2023 Capital: Ruslan Capital: Ford Current account: Ruslan 01/03/2022 Current account: Ford...
-
As of December 31, 2015, W. W. Cole Company's total assets were $325 million and total liabilities were $180 million. Net income for 2015 was $38 million. During 2015, W. W. Cole's chief executive...
-
An investor bought a stock ten years ago for $20 and sold it today for $35. What is the annual rate of growth (rate of return) on the investment?
-
Show that the log-likelihood in equation (12.2) has a maximum at \(\widehat{\mu}=\bar{y}\). n L() Inf(y,) = (-+y; In - In y;!). i=1 i=1 (12.2)
-
The following cost data for the year just ended pertain to Sentiments, Inc., a greeting card manufacturer: Direct material ..................................................................$2,100,000...
-
Heather Smith Cosmetics (HSC) manufactures a variety of products and is organized into three divisions (investment centers): soap products, skin lotions, and hair products. Information about the most...
-
You are planning to switch your cell phone provider. The Cellular worksheet presents three options for a cell phone plan with the new company. You could choose a pay-as-you-go plan, a traditional...
-
This matter involves Hewlett-Packards failure to disclose the circumstances surrounding a board members resignation amidst the companys controversial investigation into boardroom leaks. On May 18,...
-
Are the following balance sheet items (A) assets, (L) liabilities, or (E) stockholders equity? a. Cash dividends payable b. Mortgage notes payable c. Investments in stock d. Cash e. Land f. Inventory...
-
A digital camcorder repair service has set a goal not to exceed an average of 5 working days from the time the unit is brought in to the time repairs are completed. A random sample of 12 repair...
-
Explain how to implement an optimal environmental tax.
-
Prepare an adjusted trial balance from the adjusted account balances; solve for the one missing account balance: Cash (assume accounts have normal balances). Accounts payable Accounts receivable Cash...
-
Why are transaction costs important?
-
Prepare adjusting journal entries, as needed, considering the account balances excerpted from the unadjusted trial balance and the adjustment data. A. depreciation on fixed assets, $ 8,500 B....
-
Assume you are considering opening a retail business. You are trying to decide whether to have a traditional brick-and-mortar store or to sell only online. Explain how the activities and costs differ...
-
Select Ltd is registered with an authorised capital of 300,000 ordinary shares of 1. The following trial balance was extracted from the books of the company on 31 March 2012, after the preparation of...
-
Cobb Manufacturing Company uses a process cost system and average costing. The following production data is for the month of June 2011. Production Costs Work in process, beginning of the month:...
-
What have been some of the outstanding domestic tourism marketing and promotion campaigns in recent times?
-
On January 1, 2011, Slidell Company received a 2-year, $500,000 loan, with interest payments occurring at the end of each year and the principal to be repaid on December 31, 2012. The interest rate...
-
On September 1, 2011, Ramus Company purchased machine parts from Ho Man Tin Company for 6,000,000 Hong Kong dollars to be paid on January 1, 2012. The exchange rate on September 1 is HK$7.7 = $1. On...
-
Shelby Organics produces bottled orange juice. Orange juice concentrate is typically bought and sold by the pound, and Shelby uses 50,000 pounds of orange juice concentrate each month. On December 1,...
-
What are some key traits and qualities that define an effective leader in today's complex and dynamic business environment?
-
How has digital marketing transformed the healthcare industry? What are the key strategies for successful healthcare marketing in 2023? How can healthcare providers ensure compliance with healthcare...
-
If you invest $250 a month for 40 years at 10% interest. How much money will you have.
Study smarter with the SolutionInn App