Accounting

 
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Old January 14th, 2013, 02:48 PM
setty7 setty7 is offline
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Equity

I need to find the equity of this problem... the assets given to me are 48,000. they leave out the liabilities portion of the problem. They do give me stock issuances which is 5,000. net income (loss) is 7,500 and cash dividends is 2,500.

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Old January 14th, 2013, 08:25 PM
setty7 setty7 is offline
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anyone?

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Old May 6th, 2013, 11:45 AM
sandhurst sandhurst is offline
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assets are 48000 plus stocks 5000 total 53000 less liabilities for dividends assumed not paid but provided for 2500 gives a net of 50,500. add the loss for the year 7500 and this gives the total equity of 58000.

hopes this answers your question

sandhurst consultancy pte ltd

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