Vice Cosmetics has ₱1,575,000 assets and liabilities of ₱645,000. Find the owner's equity.

Grade 11 Activity

Quiz
•
Mathematics
•
11th Grade
•
Medium
Denize Liwanag
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
30 sec • 2 pts
2.
FILL IN THE BLANK QUESTION
30 sec • 2 pts
Given HP's assets of ₱930,000 and the owner's equity of ₱750,000. Find HP's liabilities.
3.
FILL IN THE BLANK QUESTION
30 sec • 2 pts
Wendy has a liabilities of ₱123,456 and owner's equity of ₱98,765. Find Wendy's assets.
4.
FILL IN THE BLANK QUESTION
30 sec • 2 pts
Ka Nino Ka has an assets of ₱577,000 and owner's equity of ₱255,200. Find the liabilities.
5.
FILL IN THE BLANK QUESTION
30 sec • 2 pts
Given liabilities of ₱450,000 and the owner's equity of ₱350,000, find the value of assets.
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Compute for the assets.
₱1,250,000 (Liabilities) and ₱890,500 (Owner's Equity)
₱2,756,500
₱2,140,500
₱2,240,500
₱2,450,500
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Compute for the liabilities.
₱87,546 (Assets) and ₱70,459 (Owner's Equity)
₱17,087
₱18,685
₱17,085
₱19,566
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