121.On its December 31, 2014 statement of financial position, Adaro Corporation reported liabilities of Rp5,132,000,000, share capital of Rp2,662,000,000 and retained earnings of Rp4,202,000,000. Total assets as of December 31, 2014 are
a. Rp1,732,000,000.
b. Rp4,202,000,000.
c. Rp6,864,000,000.
d. Rp11,996,000,000.
122.As of December 31, 2014, Oxford-welsh Inc. had assets of ?6,520,000, liabilities of ?1,980,000, and share capital of ?2,820,000. Retained earnings as of that date are
a. ?1,720,000.
b. ?3,700,000.
c. ?4,540,000.
d. ?6,520,000.
123.As of December 31, 2014, Thames Company reported assets of ?6,480,000, liabilities of ?1,920,000 and retained earnings of ?3,315,000. Share capital reported on the December 31, 2014 statement of financial position is
a. ?1,245,000.
b. ?1,395,000.
c. ?5,235,000.
d. ?9,795,000.
124.As of December 31, 2014, Deitrich Inc. had assets of €13,050,000, liabilities of €4,650,000, share capital of ?3,300,000 and retained earnings of €5,100,000. Total equity as of that date is
a. €3,300,000.
b. €3,750,000.
c. €8,400,000.
d. €13,050,000.
125.As of December 31, 2014, Lojas Company reported assets of R$7,400,000, liabilities of R$2,200,000, share capital of R$1,980,000 and retained earnings of R$3,220,000. Total equity reported on the statement of financial position as of that date is
a. R$1,240,000.
b. R$5,200 000.
c. R$5,400 000.
d. R$7,400.000.
126.On January 11, 2014, Britannica Corporation sold ordinary shares to investors for ?6,550,000. This transaction will increase assets and
a. decrease liabilities by ?6,550,000.
b. decrease equity by ?6,550,000.
c. increase revenues by ?6,550,000.
d. increase equity by ?6,550,000.
127.Burgundy Inc. purchased supplies on account for €26,000. This transaction will
a. increase liabilities and decrease equity by €26,000.
b. increase assets and decrease equity by €26,000.
c. increase assets and increase liabilities by €26,000.
d. have no effect on the accounting equation.
128.Sao Paulo Company performed services on account for R$160,000. This transaction will
a. increase assets and liabilities by R$160,000.
b. increase assets and equity by R$160,000.
c. increase liabilities and equity by R$160,000.
d. have no effect on the accounting equation.
129.Bennoit Corporation paid dividends totaling €295,000 to its shareholders. This transaction will decrease assets and
a. decrease equity by €295,000.
b. decrease liabilities by €295,000.
c. increase expenses by €295,000.
d. have no effect on the accounting equation.
130.Gafisa Inc. performed services for R$195,000. The company collected R$65,000 in cash. The balance will be collected in 30 days. Performing services for R$195,000 will increase
a. assets by R$65,000 and equity by R$130,000.
b. assets by R$65,000, liablities by R$130,000 and equity by R$195,000.
c. liabilites and equity by R$195,000.
d. assets and equity by R$195,000.