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متابعة

The amount of assets, liabilities and owner’s equity are changed by business transactions. it is true please give a explanation?

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تم إضافة السؤال من قبل Ashika Nand
تاريخ النشر: 2017/01/31
Salman Saeed
من قبل Salman Saeed , Business Planning and Forecasting Manager , Emaar - Saudi Arabia

A sales transaction will increase bank/cash/receivables while decreasing inventory, on the other hand it will increase equity through profit for the year added into accumulated profits.

A loan acquired will increase bank/cash and increase the loan payable liability, this transaction will balance off the effect of increase in asset with increase in liabilities and will not effect equity.

A share issue will increase the equity and the funds generated from share issue will increase the assets.

المزيد من الأسئلة المماثلة

هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟