You have new items in your feed. Click to view.
Question and answer
Metzger Company compiled the following financial information as of December 31, 2010: Revenues $140,000 Metzger, Capital (1/1/10) 70,000 Equipment 40,000 Expenses
125,000 Cash 35,000 Metzger, Drawings 10,000 Supplies 5,000 Accounts payable 20,000 Accounts receivable 15,000 Metzger's assets on December 31, 2010 are $235,000. $170,000. $80,000. $95,000
Metzger's assets on December 31, $95,000
Question|Rated bad
Asked 10/10/2011 7:14:05 PM
Updated 10/10/2011 7:19:51 PM
1 Answer/Comment
Get an answer
New answers
Rating
5
Metzger's assets on December 31, $95,000
Added 10/10/2011 7:19:51 PM
This answer has been added to the Weegy Knowledgebase
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
The accounting equation for Gudgeyes Enterprises is as follows: Assets Liabilities Owner's Equity $120,000 = $60,000 + $60,000 If Gudgeyes purchases office equipment on account for $12,000, the accounting equation will change to Assets Liabilities Owner's Equity $120,000 = $60,000 + $60,000 $132,000 = $66,000 + $66,000 $132,000 = $60,000 + $72,000 ...
Weegy: If Gudgeyes purchases office equipment on account for $12,000, the accounting equation will change to $132,000 = $72,000 + $60,000 Assets (office equipment) increase by $12,000. [ Liabilities (accounts payable) increase by $12,000 and Owners equity remains the same. ] (More)
Question
Expert Answered
Asked 10/10/2011 6:40:55 PM
0 Answers/Comments
The accounting equation for Gudgeyes Enterprises is as follows: Assets Liabilities Owner's Equity $120,000 = $60,000 + $60,000 If Gudgeyes purchases office equipment on account for $12,000, the accounting equation will change to Assets Liabilities Owner's Equity $120,000 = $60,000 + $60,000 $132,000 = $66,000 + $66,000 $132,000 = $60,000 + $72,000 ...
Question
Not Answered
Updated 10/10/2011 7:04:45 PM
1 Answer/Comment
If Gudgeyes purchases office equipment on account for $12,000, the accounting equation will change to $132,000 = $72,000 + $60,000 Assets (office equipment) increase by $12,000. Liabilities (accounts payable) increase by $12,000 and Owners equity remains the same.
Added 10/10/2011 7:04:45 PM
This answer has been added to the Weegy Knowledgebase
Which of the following is not a characteristic of the cost principle? Objectivity. Subjectivity. Verifiability. Reliability.
Weegy: the answer is b. subjectivity (More)
Question
Expert Answered
Asked 10/10/2011 6:36:56 PM
0 Answers/Comments
27,227,151 questions answered
Popular Conversations
3 = b + 3
Weegy: (b3)2 is equal to b6. Solution: =(b3)2. =(b3)*(b3). =(b*b*b)*(b*b*b). =b*b*b*b*b*b. =b6. User: x/5 + 9 = ...
3/27/2017 7:19:00 AM| 2 Answers
With the exception of Nebraska, all states have what type of ...
Weegy: With the exception of Nevada, all states have Bicameral system. User: State governors have all of the ...
3/27/2017 12:29:46 AM| 1 Answers
Which of the following is true about a well-written paragraph? A) It ...
Weegy: It contains sentences that flow smoothly and logically. This is true about a well-written paragraph. ...
3/27/2017 1:26:50 AM| 1 Answers
One of the most talented chess players of all time, Bobby Fisher, won ...
Weegy: One of the most talented chess players of all time, Bobby Fisher, won the World Chess Championship on September ...
3/27/2017 1:24:58 AM| 1 Answers
what is (Avogadro-number)?
3/27/2017 5:41:36 AM| 1 Answers
Weegy Stuff
S
Points 604 [Total 705] Ratings 0 Comments 604 Invitations 0 Offline
S
Points 544 [Total 544] Ratings 0 Comments 544 Invitations 0 Offline
S
P
P
L
P
Points 245 [Total 1563] Ratings 1 Comments 235 Invitations 0 Offline
S
R
Points 205 [Total 305] Ratings 1 Comments 145 Invitations 5 Offline
S
P
P
L
P
P
Points 184 [Total 1636] Ratings 1 Comments 174 Invitations 0 Offline
S
Points 30 [Total 40] Ratings 3 Comments 0 Invitations 0 Offline
S
Points 14 [Total 14] Ratings 1 Comments 4 Invitations 0 Offline
S
P
P
Points 14 [Total 744] Ratings 0 Comments 14 Invitations 0 Offline
S
Points 13 [Total 13] Ratings 1 Comments 3 Invitations 0 Offline
S
Points 12 [Total 12] Ratings 0 Comments 12 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.