The assets of a company total $738,000; the liabilities, $219,000. What is the total equity? 1....
The assets of a company total $738,000; the liabilities, $219,000. What is the total equity?
1. $957,000
2. $738,000
3. $519,000
4. 219,000
5. It is impossible to determine unless the amount of this owners' investment is known
Homework Answers
Total assets=Total liabilities+Total equity
Total equity=(738,000-219,000)
=$519,000
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The assets of a company total $738,000; the liabilities,
$219,000. What is the total equity?
1....
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what is the effect on assets ans total liabilities ans total stockhokders equity this question was...
what is the effect on assets ans total liabilities ans total
stockhokders equity
this question was posted alot on here and each of them have
multiple thumbs down so ya it might not be what you initially think
it is
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