Lesson 6

Dear Taka,
Thank you for your sixth message. My comments follow.
Sincerely,
Prof. Sue Garreis 

Dear Professor Garreis,


Thank you for your reply and corrections of my English.


I will answer your last question.


yHomeworkz


I made an imaginary balance sheet.  I answer these questions.


1. What is the new cash value on the balance sheet?


¨ The new cash value on the balance sheet is $20,000 US  dollars


(twenty thousand US dollars).

Correct! 

2. What is the new value of the long-term assets?


¨ The new value of the long-term assets are $70,000 US dollars (seventy


thousand US dollars).

Correct! 

3. What is the new value of the total assets?


¨ The new value of the total assets are $90,000 US dollars (ninety


thousand US dollars).

Correct! 

4. What is the new value of the liabilities and stockholders'equity?


¨The new value of the liabilities and stockholders' equity is $90,000 US dollars.  The debits and credits are equal.


Correct!


5. How easy was this lesson for you?


¨ The accounting was about right. 


¨ The English was somewhat hard.

Thank you for your input. 

6. Please send me the Japanese translation for the following words.


Please write the words in romajii.

Thank you for the vocabulary list. 

I'm waiting for your reply.


Sincerely. Taka


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I'm waiting for your reply.
Sincerely. Taka

 

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