Ask Question
BusinessBusiness
25 April, 18:54

Known liabilities of estimated amounts are

+1
Answers (1)
  1. 25 April, 19:17
    0
    Known liabilities of estimated amounts are: Reported on balance sheet

    In accounting, balance sheet represents an overview of total assets, liability, and owner's equity within a financial period.

    A number of Assets that written on the balance sheet should be equivalent to the amount of Liabilities + Owner's equity
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Known liabilities of estimated amounts are ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The difference between small business owners and entrepreneurs is that small business owners:A. are innovatorsB. started the business to pursue their idea for a new product or serviceC. are risk takersD.
Answers (1)
Privacy rights prevent your employer from reading personal messages sent or received through the organization's e mail system? True or false
Answers (1)
If a firm sustains the same level of operations in terms of sales and administrative expenses, but reduces its materials cost by $50,000 through smarter purchases, what is the profit-leverage effect on profits before taxes expressed as a dollar
Answers (1)
In the business world, the goal of preventive law is to increase profits by: Select one: a. imposing higher inheritance and income taxes on wealthy people. b. avoiding losses through fines and damage judgments. c.
Answers (1)
VelSad is contemplating the acquisition of Po, Inc. The values of the two companies as separate entities are $32 million and $16 million, respectively.
Answers (1)
New Questions in Business
Select all maintenance procedures that may be performed in an office. update software replace printer cartridges clean copy machines install virus-protection software print copies to be distributed at a meeting
Answers (1)
Increases to owner's equity may be from expenses that are incurred. expenses exceeding revenue for the period. withdrawals of cash from the business by the owner. revenue that is derived from sales of goods or services
Answers (1)
Now consider a strangle using the same call with a strike price of $100 and a different put with a strike price of $95. Both have the same expiration date.
Answers (1)
Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its costs of equity is 15 percent, and the cost of debt is 8 Percent. The relevant tax rate is 35 percent.
Answers (1)
That the total dollar amount of the debits equals the total dollar amount of the credits in the ledger accounts can be verified through a (n) a. balance sheet b. trial balance c. chart of accounts d. income statement
Answers (1)
Home » Business » Known liabilities of estimated amounts are
Sign Up Forgot Password?