If total liabilities increased by $6,000 and the assets increased by $8,000 during the accounting period, what is the change in the owner's equity amount?

A. Decrease of $2,000

B. Decrease of $2,000

C. Increase of $10,000

D. Decrease of $10,000

Which of the following is a current liability? a. A long-term debt maturing currently, which is to be paid with cash in a sinking fund. b. A long-term debt maturing currently, which is to be retired with proceeds from a new debt issue. c.

Blake and Matthew are partners who agree that Blake will receive a $103,000 salary allowance and that any remaining income or loss will be shared equally.

In which paradigm, should special emphasis be placed on the selection of the items to be included in the last increment?

California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $28 per share. Later in the year, the company decides to Purchase 100 shares at a cost of $31 per share.

Why do people not like one direction? This is for a poll im taking in business class

What are the order of in which management can take legal action against a employee

What best describes an entrepreneur? a. Someone who initiates and assumes the financial risk of a new business enterprise. b. A person who knows how to evaluate which stocks to purchase. c. Someone who can expertly manage other people's investments.

JRN Enterprises just announced that it plans to cut its dividend from $3.50 to $2.50 per share and use the extra funds to expand its operations.

Sykora, Inc., which uses a predetermined overhead rate based on direct labor hours, estimated total overhead for the year to be $12,000,000 and total direct labor hours to be 320,000 hours. Calculate Sykora's predetermined overhead rate.

Appalachian mountain goods has paid increasing dividends of $.10, $.12, $.15, and $.20 a share over the past four years, respectively.