Mathematics, 25.09.2021 21:50 ginareyes0423
(a) The liabilities of Pharoah Company are $ 98,000. Owner’s capital is $ 154,000; drawings are $ 90,000; revenues, $ 441,000; and expenses, $ 323,000. What is the amount of Pharoah Company’s total assets?
Total assets
$ enter the total assets amount in dollars
(b) The total assets of Sierra Company are $ 65,000. Owner’s capital is $ 15,000; drawings are $ 6,800; revenues, $ 49,000; and expenses, $ 29,000. What is the amount of the company’s total liabilities?
Total liabilities
$ enter the total liabilities amount in dollars
(c) The total assets of Birch Co. are $ 609,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Birch Co.’s owner’s equity?
Owner’s equity
$ enter the owner’s equity amount in dollars
Answers: 1
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If you are trying to move an attached term across the equal sign (=), what operation would you use to move it?
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(a) The liabilities of Pharoah Company are $ 98,000. Owner’s capital is $ 154,000; drawings are $ 90...
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