Business Studies, asked by mo2nmm3, 5 months ago

The liabilities are $120,000 and the equity is $232,000

Question:
What is the amount of total assets?

Answers

Answered by kumardurgesh515354

0

Answer:

BRIEF EXERCISE 1-2

(a) $120,000 + $232,000 = $352,000 (Total assets). (b) $190,000 – $91,000 = $99,000 (Total liabilities).

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