Ask Question
BusinessBusiness
31 May, 08:40

Using the expanded accounting equation, solve for the missing amount. Assets $85,410 Liabilities 1,760 Common Stock? Dividends 16,750 Revenues 50,265 Expenses 24,675 Begin by selecting the formula for the expanded accounting equation. Then enter the amounts to solve for the missing amount. ▼ = + - + -

+5
Answers (1)
  1. 31 May, 08:49
    0
    Answer: Common stock = $74810

    Explanation:

    The expanded Accounting Equation is an accounting equation that places more emphasise on the on the owners equity amount by showing separately how each transaction affects owners equity amount.

    Assets = liabilities + Capital + revenue - expenses - dividends

    85410 = 1760 + common stock + 50265 - 24675 - 16750

    Common stock = 24675 + 16750 - 50265 - 1760 + 85410

    Common stock = $74810
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Using the expanded accounting equation, solve for the missing amount. Assets $85,410 Liabilities 1,760 Common Stock? Dividends 16,750 ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Suppose a market is initially perfectly competitive with many firms selling an identical product. Over time, however, suppose the merging of firms results in the market being served by only three or four firms selling this same product.
Answers (1)
Asymmetric information occurs when A. people engaging in a transaction are uncertain about future events. B. the information available to the people in a transaction is misleading or incomplete. C. everyone has the same information. D.
Answers (1)
What are three things you can do smoother a fire in skillet?
Answers (1)
Cameron Blair, a friend from college, asks you to form a partnership to import fragrances. Since graduating, Blair has worked for the Spanish Embassy, developing important contacts among government officials.
Answers (1)
Liza works as a receptionist. Around the lunch hour, she has a difficult time hearing the callers due to employees talking near her desk. Liza's communication challenge is due to which factor?
Answers (1)
New Questions in Business
Suppose you've estimated that the fifth-percentile value at risk of a portfolio is 230%. now you wish to estimate the portfolio's first-percentile var (the value below which lie 1% of the returns). will the 1% var be greater or less than 230%?
Answers (1)
Ruth executes a will in 2012 naming her nephew stan as sole beneficiary. in 2014, ruth executes another will, naming her niece tammy as sole beneficiary, but does not state that she is revoking the previous will. on ruth's death a.
Answers (1)
When a purchaser authorizes a broker to collect their commission from the listing broker or seller pursuant to an Exclusive Right-To-Buy contract, the obligation for payment of the commission:1.
Answers (1)
Assume that Leeann consumes only two products, humus and yogurt (so all of her income is spent on these two goods). Let the price of humus be $1 and the price of yogurt be $0.50. Her original income is $5.
Answers (1)
Meaning is primary learners are not given other people's meanings to regurgitate there is a some sort of relationship to comparable real world activities task completion has some sort of priority the assessment of the task is in terms of outcome
Answers (1)
Home » Business » Using the expanded accounting equation, solve for the missing amount. Assets $85,410 Liabilities 1,760 Common Stock? Dividends 16,750 Revenues 50,265 Expenses 24,675 Begin by selecting the formula for the expanded accounting equation.
Sign Up Forgot Password?