Dave Ryan is the owner and operator of Ryan's Arcade. At the end of its accounting period, December 31, Ryan's Arcade has assets of $450,000 and liabilities of $125,000. Using the accounting equation, determine the following amounts: a) Owner's equity as of December 31 of the current year. $fill in the blank 1 b) Owner's equity as of December 31 at the end of the next year, assuming that assets increased by $65,000 and liabilities increased by $35,000 during the year. $fill in the blank 2

Answers

Answer 1

Answer:

325000

355000

Explanation:

Owner's equity formula: assets - liabilities

Question one:

450000-125000= 325000

Question two:

(450000+65000)-(125000+35000)= 355000

Answer 2

a) Stockholders' equity  = $411,690

b) Stockholders' equity = $477,930

Dave Ryan is the owner and operator of Ryan's Arcade. At the end of its accounting period, December 31, Ryan's Arcade has assets of $450,000 and liabilities of $125,000.

What is accounting equation?

Accounting equation is defined as Assets = Liabilities + Equity.  If t the end of its accounting period, December 31, Ryan's Arcade has assets of $632,000 and liabilities of $220,310, the Stockholders' equity as of December 31 of the current year would be determined as follows:

$632,000 = $220,310 + Equity

Stockholders' equity  = $632,000 - $220,310

Stockholders' equity  = $411,690

If assets increased by $84,040 and liabilities increased by $17,800 during the next year, then Stockholders' equity would be determined as follows $632,000 + $84,040 = $220,310 + $17,800 + Equity

$716,040 = $238,110 + Equity

Stockholders' equity  = $477,930

Owner's equity as of December 31 at the end of the next year, assuming that assets increased by $65,000 and liabilities increased by $35,000 during the year.

Therefore, Dave Ryan is the owner and operator of Ryan's Arcade. At the end of its accounting period, December 31, Ryan's Arcade has assets of $450,000 and liabilities of $125,000.

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A respeito dessas asserções, assinale a opção correta.

A)
As asserções I e II são proposições verdadeiras, e a II é uma justificativa correta da I.

B)
As asserções I e II são proposições falsas.

C)
As asserções I e II são proposições verdadeiras, mas a II não é uma justificativa correta da I.

D)
A asserção I é uma proposição verdadeira, e a II é uma proposição falsa.

E)
A asserção I é uma proposição falsa, e a II é uma proposição verdadeira.

Answers

Answer:

C)   As asserções I e II são proposições verdadeiras, mas a II não é uma justificativa correta da I.

Explanation:

Which one of these might appear in evaluation of poem? A. A summary of the authors life B. A presentation of the best tone for a reading of it C. A list of suggested rewrites for lines that do not rhyme D. A discussion of specific u

Answers

Answer: D. A discussion of specific uses of alliteration .

Explanation:

During the evaluation of a poem, the discussion of specific uses of alliteration may appear.

It should be noted that poetry conveys a message through the use of figurative language. How a poem will

e read is also affected by the framework of the structure of the poem.

When analysing a poem, on needs to pay attention to its theme, and rhythm. It should be noted that Alliteration refers to the figure of speech whereby the consonants are being repeated and this is required when evaluating a poem.

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