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If total assets are $30,000 and total liabilities are $18,000,capital must equal a. $12,000. b. $28,000 c. $8,000 d. $20,000

If total assets are $30,000 and total liabilities are $18,000,capital must equal a. $12,000. b. $28,000 c. $8,000 d. $20,000
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1 vote
If total assets are $30,000 and total liabilities are $18,000,capital must equal

a. $12,000.
b. $28,000
c. $8,000
d. $20,000

User Pablochan
by
8.5k points

2 Answers

5 votes
The answer to your question is letter A. $12,000
User Mikael Gidmark
by
7.9k points
3 votes
the answer is A. Capital is assets minus liability 
User Ravichandra Vydhya
by
8.0k points
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