RegencySlayer1065 RegencySlayer1065

11-01-2020
Business

contestada

Assets and liabilities of a company are $150,000 and $30,000, respectively. Determine owner's equity using the accounting equation.

Respuesta :

akiran007 akiran007

11-01-2020

Answer:

Owner's Equity= $ 150,000- $ 30,000= $ 120,000

Explanation:

The accounting equation is Assets= Liabilities + Owner's Equity

$ 150,000= $ 30,000 + Owner's Equity

Owner's Equity= $ 150,000- $ 30,000= $ 120,000

Answer Link

Otras preguntas

What was the purpose of the pure food and drug act answers?

After being introduced to a higher-priced washing machine, the customer expresses a desire to purchase a lower-priced item. when this happens, the customer is s

the new nation 1800 - 1823

Describe your motion in terms of velocity and acceleration as you ride in a car down the street, come to a red light, wait for the green light and then start of

Wine experts are discovering that california wines of several varieties and vintages are comparable to many of the best french wines. the result is an increased

What is 4/7 as a percent rounded to the nearest hundredth?

: How does the conflict affect the characters? What impact does it have on their actions in the cask of amontillado

Which is a synonym of formidable? able to be shaped or created intimidating weak dismantled

Sue and three friends rent mountain bikes and ride a trail for three hours. If the cost of the bike rental is 25 dollars per bike and the fee to use the trail i

Line segment AB has endpoints A(7.5, 4.2) and B(2.3, 5.4). Find the coordinates of the point that divides the line segment directed from A to B in the ratio of