Respuesta :
The cash balance remaining to pay the liabilities is P + Q + R.
What are Liabilities?
- A liability is a debt that a person or business has, typically in the form of money. Through the transmission of economic benefits like money, products, or services, liabilities are eventually satisfied.
- Liabilities are items that are listed on the balance sheet's right side and consist of debts including loans, accounts payable, mortgages, deferred income, bonds, warranties, and accumulated expenses.
- Assets and liabilities can be compared. Assets are items you own or owe money to; liabilities are things you owe money to or have borrowed.
What are Assets?
- A resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be useful is referred to as an asset.
- The balance sheet of a business lists assets. They are divided into four categories: tangible, financial, fixed, and current. They are acquired or produced in order to raise a company's value or improve the operations of the company.
- Whether it's manufacturing equipment or a patent, an asset can be viewed of as anything that, in the future, can generate cash flow, lower expenses, or increase sales.
The Book Value of the total assets sold = K(let)
Now, the cumulative loss = $50,000
Therefore, the cash actually received on sale = $(K-50,000) = Q
The Accounts Actual Receivable Cash = P(let)
Therefore, The total received cash = P + Q
Existing cash Balance = R(let)
The Final Cash remaining to pay liabilities = P + Q + R.
Learn more about Assets and Liabilities with the help of the given link:
https://brainly.com/question/24193367?referrer=searchResults
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