THUGMUFFIN THUGMUFFIN
  • 02-05-2020
  • Mathematics
contestada

pin Co. has $52,000 in its Cash account, $20,000 in its Inventory account, and $12,000 in its Notes Payable (short-term) account. If Spin’s only other account is Common Stock, what is the balance of that account?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 02-05-2020

Answer:

60000

Step-by-step explanation:

Assets - liabilities = share holder equity

(52,000+20,000)−12,000=60000

Answer Link

Otras preguntas

My daughter needs a synonym for tired and all the word she has is problem , story and banquet
Use trig to solve for x show work
Use trig to solve for x show work
What is 38/50 as a decimal... and what is 28/50 as a decimal? PLEASE HELP ME !!!! i hate struggling with homework!
what type of rock can form a metamorphic rock
The decline in medieval trade was caused by
SAT Help Jack can paint a house in 5 days, and Richard can paint the same house in 7 days. Working together, how long will it take them to finish the job? How d
There is a turtle race. The race will last 2 minutes. I have to find the distance from the start each turtle will be at the end of the race. Speed (in inches pe
Predict what happens when zinc is added to water
sophia has 3 pink tulips and 3 white tulips. what fraction of sophias tulips are pink