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Liabilities are $130,000 and equity is $226,000. What are total assets?
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Liabilities are $130,000 and equity is $226,000. What are total assets?

User Lorengphd
by
5.9k points

1 Answer

11 votes
Assets = liabilities + equity/capital
Assets = 130,000 + 226,000
Assets = 356,000
User Arien Chen
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