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If total liabilities are $200,000 and total assets are $325,000, owner's equity would be: 2) a. $525,000 b. $200,000 c. $125,000 d. impossible to determine from the given data
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Jun 2, 2018
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If total liabilities are $200,000 and total assets are $325,000, owner's equity would be: 2)
a. $525,000
b. $200,000
c. $125,000
d. impossible to determine from the given data
Mathematics
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Mufaddal Gulshan
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Mufaddal Gulshan
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$125,000 The Answer is c:
$325,000-$20000 (of liabilites) thus= $125,000
Cmbaxter
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Jun 8, 2018
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Cmbaxter
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