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If total liabilities are 18,00 and owners equity is 21,000 the total assets must be
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If total liabilities are 18,00 and owners equity is 21,000 the total assets must be

If total liabilities are 18,00 and owners equity is 21,000 the total assets must be-example-1
User Laurent Lequenne
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4 votes
The formula is
Assets=liabilities+owner's equity
Assets=18000+21000
Assets=39000

Hope it helps!
User SmallB
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