Respuesta :
Answer:
a. Assets $ 67,500 − Liabilities $ 15,500 = Net worth $52,000
b. Assets $ 85,000 − Liabilities $62,300 = Net worth $ 22,700
c. Assets $ 35,280 − Liabilities $ 13,215 = Net worth $22,065
d. Assets $94,999 − Liabilities $39,845 = Net worth $ 55,154
Explanation:
Net worth of the business is the net value of assets after paying liabilities. It can be calculated by following formula
Net worth = Total Assets - Total Liabilities
a. Assets $ 67,500 − Liabilities $ 15,500 = Net worth $52,000
Net worth = Assets - liabilities = $67,500 - $15,500 = $52,000
b. Assets $ 85,000 − Liabilities $62,300 = Net worth $ 22,700
Net worth = Assets - liabilities
Liabilities = Assets - Net Worth
Liabilities = $85,000 - $22,700 = $62,300
c. Assets $ 35,280 − Liabilities $ 13,215 = Net worth $22,065
Net worth = Assets - liabilities = $35,280 - $13,215 = $22,065
d. Assets $94,999 − Liabilities $39,845 = Net worth $ 55,154
Net worth = Assets - liabilities
Assets = Net worth + liabilities
Assets = $39,845 + $55,154 = $94,999
Answer:
a. Net worth = $52,000
b. Liabilities = $62,300
c. Net worth = $22,065
d. Assets = $94,799
Explanation:
This is an example of an accounting equation in which assets must always be equal to the addition of liabilities and net worth or shareholder’s equity. This can be stated as follows:
Assets = Liabilities + Shareholders' equity or Net worth
The missing amounts can therefore be calculated as follows:
a. Assets $ 67,500 − Liabilities $ 15,500 = Net worth $
Net worth = $67,500 − $15,500 = $52,000
b. Assets $ 85,000 − Liabilities $ = Net worth $ 22,700
Liabilities = $85,000 - $22,700 = $62,300
c. Assets $ 35,280 − Liabilities $ 13,215 = Net worth $
Net worth = $35,280 – $13,215 = $22,065
d. Assets $ − Liabilities $ 39,845 = Net worth $ 55,154
Assets = $55,154 + $39,645 = $94,799
