lovelacemisty3
lovelacemisty3 lovelacemisty3
  • 07-05-2018
  • Mathematics
contestada

if total liabilities are 1,000 and total assets are 8000 owner's e q u i t y must be

Respuesta :

kanest
kanest kanest
  • 07-05-2018
Total equity is equal to assets - liabilities.

Therefore,

8000 - 1000 = 7000

The owner's equity is $7,000.
Answer Link

Otras preguntas

The accumulation of knowledge, experience, and contemplation is referred to as __________, a quality that is contributed to by aging.
Which lines from the poem “Facing It” best communicate the author’s internal conflict to the reader?
Rob can't find much time to exercise, but he knows he has to do some activity to keep his heart healthy. Which of the following is most likely to benefit him, i
The Monroe doctrine stated that the United States would not get involved in
Ed bought 3 liters of water and 2750 milliliter of sports drink. Which did he have more of and how much more?
La lechuga, __________, y los guisantes son vegetales.
Can someone help plz plz
Jordan is the hostess at the Dali museum. She was employed because of her ability to speak to languages. For what other job being fluent in two languages an as
A student measured the amount of oxygen and carbon dioxide dissolved in an aquarium containing aquatic plants and snails. Why did the snail die after the aquari
how did "jim crow" laws formalize segregation