Register

Find the ASSETS when Liabilities are $97,896 and Owner's Equity is $25,120. Type your answer...

Find the ASSETS when Liabilities are $97,896 and Owner's Equity is $25,120. Type your answer...
asked 106k views
0 votes
Find the ASSETS when Liabilities are $97,896 and Owner's Equity is $25,120.

Type your answer...

asked
User Todofixthis
by
7.6k points

1 Answer

5 votes
The accounting equation states that a company's total assets are equal to the sum of its liabilities and its shareholders' equity.
answered
User Raghwendra Singh
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
Link Copied!