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If Total Assets are $2,800 and Total Liabilities is $2,000 then what is the value of Total Equity?
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If Total Assets are $2,800 and Total Liabilities is $2,000 then what is the value of Total Equity?

User Brajendra Pandey
by
8.2k points

1 Answer

2 votes

Answer:

$800

Step-by-step explanation:

Total assets=Total liabilities +Total equity

$2800=$2000+Total equity

800=Total equity

User Nilesh Tighare
by
7.6k points
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