subject
Business, 05.12.2019 18:31 nataliasol73341

Needing some deciding on this one:

assuming you own a home, where would the appraisal value of your home go in a personal balance sheet?
a. under liabilities
b. within the equity total
c. under assets
d. under both equity and liabilities sections

*note: i think more than one answer could be true based on my reading, because they discuss how equity is what the house is worth, minus the loan owed. they talk about how liability is the amount owed, while asset would be the house as a whole. but my problem is i don't understand which of these it's asking for. the appraisal value would be the total amount the house is worth. so wouldn't that be just asset? i can't but think they are trying to trick me, and i'm overthinking.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 17:00
Good guys i hope you will me about this question,, plase
Answers: 1
question
Business, 21.06.2019 23:30
Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable
Answers: 3
question
Business, 22.06.2019 10:00
In a chapter 7 bankruptcy, a debtor:
Answers: 2
question
Business, 22.06.2019 10:30
Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst
Answers: 1
You know the right answer?
Needing some deciding on this one:

assuming you own a home, where would the appraisal...
Questions
question
Mathematics, 16.10.2019 06:10
question
Chemistry, 16.10.2019 06:10
question
History, 16.10.2019 06:10
Questions on the website: 13722360