Creditors' claims on assets are called: Multiple Choice Net losses. Expenses. Revenues. Equity. Liabilities.

Answers

Answer 1

Answer:

Equity Liabilities The description of the relation between a company's assets, liabilities, and equity, which is expressed as Assets Liabilities Equity, is known as the: Multiple Choice Income statement equation Accounting equation. 


Related Questions

When trade barriers began to fall, what was the motivation for much of the foreign direct investment by non-U.S. firms

Answers

Answer:

The motivations were all the advantages that the U.S. market offers.

These advantages are many, because the U.S. is a developed country, with a very large population, and a robust legal system that protects private property, including the property of non U.S. firms that invest in the country.

For these reasons, once trade barriers began to fall, many non U.S. firms took advantage of the new opportunities, and started to invest in the U.S. market.

Nebraska Inc. issues 4,100 shares of common stock for $131,200. The stock has a stated value of $15 per share. The journal entry to record the stock issuance would include a credit to Common Stock for

Answers

Answer:

$61,500

Explanation:

Based on the information given if the company

issues 4,100 shares of common stock for the amount of $131,200 in which the stock has a stated value of $15 per share which means that The journal entry to record the stock issuance would include a credit to Common Stock for $61,500 Calculated as:

Credit to Common Stock=4,100 shares*$15 per share

Credit to Common Stock=$61,500

I know that Stephen has a lot of money. His parents drive Mercedes. His dogs wear cashmere sweaters, and he paid cash for his Hummer. The conclusion of the argument is ____________

Answers

Answer: I know that Stephen has a lot of money.

Explanation:

The whole point of the reasoning behind this thought by the speaker was to prove that Stephen had a lot of money.

This is why the speaker explained why they believed that Stephen had a lot of money. They talked about the car his parents drove, the cashmere sweaters his dogs wear and his use of cash to pay for his Hummer all to come to the conclusion that Stephen has a lot of money.

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