Register
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
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

User Rafael Moreira
by
6.5k points

1 Answer

13 votes

Answer:

5300

Step-by-step explanation:

assets=equitys +liabilities

User Sshevlyagin
by
6.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.2m questions

9.5m answers

Other Questions

What is meant by data mining ?
Identify the advantages and disadvantages of a command economy.
How can life expectancy and literacy rates affect the quality of labor in the economy?
Analyze and identify the role of the government in a free enterprise economy.
A politician wants to see what people in her district think about tax cuts. Which procedure would be a good way of conducting a survey
Link Copied!