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In a balanced balance sheet, if liabilities are $2,000 and owner’s equity is $3,300, what must assets be ____? $5,300 $2,000 Not enough information to determine assets $3,300

In a balanced balance sheet, if liabilities are $2,000 and owner’s equity is $3,300, what must assets be ____? $5,300 $2,000 Not enough information to determine assets $3,300
asked 178k views
19 votes
In a balanced balance sheet, if liabilities are $2,000 and owner’s equity is $3,300, what must assets be ____?

$5,300

$2,000

Not enough information to determine assets

$3,300

asked
User Rafael Moreira
by
8.3k points

1 Answer

13 votes

Answer:

5300

Step-by-step explanation:

assets=equitys +liabilities

answered
User Sshevlyagin
by
8.0k points
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