Lesson6

Dear Professor Garreis, 

Hello.

Thank you for your reply and corrections of my English.

I will answer your last questions. 

Fifth homework's answer.
1. What is the new value of cash on the balance sheet?
>The new value of cash on the balance sheet is $20,000.
>>Correct.

2. What is the new value of the long-term assets?
> The new value of the long-term assets is $70.000.
>>Correct.

3. What is the new value of the total assets?
> The new value of the total assets $90,000.
>>Correct.

4. What is the new value of the total liabilities and stockholders' equity?
> The new value of the total liabilities and stockholders' equity is not.
>>The new value of the total liabilities and stockholders' equity is the same as the old value of the total liabilities and stockholders' equity. Ninety thousand US dollars. ($90,000)
>>The contributions of the owners did not change.

5. How easy was this lesson for you?
>The accounting was: Somewhat hard
>The English was: Somewhat hard

6. Please send me the Japanese translation for the following words.
Please write the words in romaji.

Inventory → tanaoroshi shisan
Investment → toushi
Liabilities → husai
Payable → kaikakekin
Property → koteishisan
Stockholders' equity → kabunushi mochibun

>>Thank you for the vocabulary list.

I’m waiting for your reply.

Sincerely,
Yuu.


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