• 2021-04-14
    【单选题】The assets of a company total $700,000; the liabilities, $200,000. What are the claims of the owners?
    A. $900,000. B. $700,000. C. $500,000. D. $200,000.
  • $500,000.
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    • 0

      Oliver Ltd purchased a piece of equipment for $20 000. It paid GST of $2000, shipping charges of $500, and insurance during transit of $200. Installation and testing of the new equipment cost $1000. The total to be debited to the Equipment account is: A: $22 000 B: $22 700 C: $23 000 D: $23 700

    • 1

      Our house is _________ about £100 000.

    • 2

      R company sold old equipment for $25 000. The equipment had a cost of $50 000 and accumulated depreciation of $30 000. The entry to record the sale of the equipment would include a ( ). A: loss on disposal of $25 000 B: gain on disposal of $25 000 C: loss on disposal of $5 000 D: gain on disposal of $5 000

    • 3

      What happened to the shop in one month A: He took the watch which was worth $1 500. B: He took the camera which was worth $15 000. C: He took the necklace which was worth $15 000.

    • 4

      中国大学MOOC: A company purchased an equipment by paying $26, 000 cash. When this transaction is recorded, the cash account is debited for $26, 000.