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

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asked Jun 27, 2022 147k views

17 votes

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

Business
college

Lorengphd asked

by Lorengphd

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1 Answer

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Assets = liabilities + equity/capital
Assets = 130,000 + 226,000
Assets = 356,000

Arien Chen answered Jul 3, 2022

by Arien Chen

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