Ask Experts Questions for FREE Help !
Ask
    Holly24647's Avatar
    Holly24647 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 14, 2010, 06:27 PM
    Analyzing what a business is worth from an unadjusted trial balance sheet?
    I have an unadjusted trial balance sheet. Just from this sheet I need to figure out what this small business is worth if I were to buy it. What assets, liabilities, capital and revenue do I choose to get the right answer.
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
    Ultra Member
    		  
    #2

    Jan 14, 2010, 08:16 PM

    Try and get a set of accounts from the available information.
    This will give you some idea of a
    Profit or loss.
    It will also give you what the Net Assets of the business is.
    The difference between the price you pay and the net assets will be the
    Goodwill of the business.
    The balance day adjustments are usually not very material.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Unadjusted trial balance [ 3 Answers ]

Please help me with my unadjusted trial balance Cash $36580 a/r 5250 Supplies 1850 Prepaid rent 3200 Prepaid insurance 1500 Office equp 14500 Accum. Deprec 330 a/p 900 Unearned fees 4050

Unadjusted trial balance [ 2 Answers ]

If you were estimating taxes on income before tax.. 1) you have to do income statement before the estimation could be calculated.. 2) would you go back and include this amount in the unadjusted and then the adjustments to get final figure for the adjusted trial balance? :confused:

Cannot figure out how to balance an unadjusted trial balance. [ 1 Answers ]

I am trying to balance an unadjusted trial balance and I can't. I have been given the answer as to how much my totals should be, and my credits are right, but I cannot figure out where I went wrong on the debit side. I am over by $44. I have a transaction in the form of sales discounts for $44, but...

View more questions Search