Review the liabilities section of the balance sheet for Rings and Things. What problem can you identify with the payroll information, particularly as it relates to how much the one employee gets paid? What solution would you offer Janet and Omar? Assets
Cash (bills and coins) $35
Bank checking account $1,997
Materials (beads and wires) $40
Finished jewelry $100
Office supplies $50
Furniture $100
Total $2,322

Liabilities
Balance on loans $925
Payroll $1,000
(1 salesperson who works 20 hours/month)
Total $1,925

Assets – Liabilities = Owner Equity
$2,322 total assets
– $1,925 total liabilities
= $407 owner equity

4. project memo your supervisor has asked you to create a final copy of a memo announcing a special project. open the microsoft® word file ch01 memo from the data files. edit the memo to correct errors in keyboarding, punctuation, spelling, and word usage. submit the edited document to your instructor along with this assignment. to: department supervisorsfrom: tomas perezdate: january 3, 20--subject: playground projectas you now, are offices are close each year on observance of martin luther king, jr. day. this year, the company is organizing a service project for that day. we will be clean up the grove street playground and panting bushes, blubs, and flowers. the company is donating now playground equiptment and park benches. cleanup gear and tools will be provided, and a cook out will conclude the days’ activities. farther information will be provided as the date draws nearer. encourage the employee in you department too participate in this worthwhile effort.

In the rbv are defined as the tangible and intangible assets that a firm controls that it can use to conceive and implement its strategies. answers: management policies

Personal financial planning is the process of creating and achieving financial goals? true or false