In March assets increased by 40,000 Euros and liabilities decreased by 8,000 Euros. what is the change

Fantastic news! We've Found the answer you've been seeking!

Question:

In March assets increased by 40,000 Euros and liabilities decreased by 8,000 Euros. what is the change in net worth?

Related Book For answer-question

Accounting for Governmental and Nonprofit Entities

ISBN: 978-0078025822

17th edition

Authors: Jacqueline Reck, Suzanne Lowensohn, Earl Wilson

See More Books

Posted Date: Jan 04, 2023 06:50 AM

See More Questions

What is the change in wavelength when monochromatic X-rays are scattered by electrons ons through an angle of 30?
What is the change in entropy of 320 g of steam at 100C when it is condensed to water at 100C?
What is the change in entropy when 0.7 m3 of CO2 and 0.3 m3 of N2, each at 1 bar and 25 C blend to form a gas mixture at the same conditions? Assume ideal gases
k) Assume that one of these portfolio's is the Market Portfolio and all portfolios, except Portfolio G, are fairly priced according to the CAPM. What is the highest utility score that can be achieved...
Describe any differences in segment disclosure requirements between U.S. GAAP and IFRS.
Each column in the matrix describes a point on the letter. The order of the columns shows the direction in which a pencil must move to draw the letter. The L is completed by connecting the last point...
Calculate the amount of magnetic potential energy stored in a $0.60-\mathrm{H}$ inductor when the current in the inductor is $6.0 \mathrm{~A}$.
a. Formulate and solve a linear programming model for Julia that will help you advise her if she should lease the booth. b. If Julia can borrow some more money from a friend before the first game to...
The video about sign language demonstrated: A . Most sign languages are very similar. B . All sign languages use the same gesture for the word "what". C . English - speaking countries use the same...
Jenny Smith, 28, just received a promotion at work. Her salary has increased to $40 000 and she is now eligible to participate in her employers pension plan. The employer matches employee...
Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs per unit for its product. Direct materials (4.0 pounds @...
4 3. What particular solution would you try when solving the inhomogeneous differential equation [2 marks] d y dt 00 - 9y=t + n+1 cos(nt) 23 n=1 Note: You don't have to solve the equation, just write...
Kariong Manufacturing an Australian manufacturing company is importing car parts from Thailand and currently the exchange rate is AUD/THB 31.37. Kariong has just signed a contract with its Thailand...
1. Build the full-wave bridge rectifier circuit as shown below in the LTSpice. 2 Vin D4 D2 D1 D3 a. Add net names to the input and the output of the circuit as shown in the figure. b. D1-D4 are...
11) Show that for the vector norm ||x||1 defined in Equation (5), the subordinate matrix norm is ||A||1 = n = max1in|aj| || || = |xi| 21-23 i=1 i=1 ( Equation 5)
9. Find the depreciated value of a car after two years if the total purchase was $19 500 and it depreciates 15% each year. (TWO MARKS) #19500 x 0.15 = #2.925 #29252 = $ 5850 10. Find the total...
1. Ophelia Ltd. reported retained earnings at December 31, 20x6 of $267,000, and at December 31, 20x7, $213,000. Net income for calendar 20x7 was $174,000. During 20x7, a stock dividend was declared...
A bubble-point liquid feed is to be distilled as shown in Figure. Use the Edmister group method to estimate the mole-fraction compositions of the distillate and bottoms. Assume initial overhead and...
Financial statements for the Building Maintenance Fund, an internal service fund of Coastal City, are reproduced here. No further information about the nature or purposes of this fund is given in the...
As of December 31, 2016, Sandy Beach had $9,500,000 in 4.5 percent serial bonds outstanding. Cash of $509,000 is the debt service fund's only asset as of December 31, 2016, and there are no...
The Kare Counseling Center was incorporated as a not-for-profit voluntary health and welfare organization 10 years ago. Its adjusted trial balance as of June 30, 2017, follows. 1. Salaries and fringe...
The three major inputs into the manufacturing process are direct materials, direct labour and factory overheads. If the costs of any of these are not controlled, they may inflate the cost of...
Listed below are selected financial data from the accounting records of Innovative Computers Pty Ltd for the year ended 30 June 2019. Required (a) Prepare an income statement for the year ended 30...
Smart Manufacturing Systems Pty Ltd provides the following information. Required (a) Calculate total manufacturing costs for the period ending 30 June 2019. (b) Calculate cost of goods manufactured...

In March assets increased by 40,000 Euros and liabilities decreased by 8,000 Euros. what is the change

Question:

Expert Answer:

As we know tha... View the full answer

Accounting for Governmental and Nonprofit Entities

Students also viewed these accounting questions