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    Business
  3. Study Set
    Accounting NZ
  4. Exam
    Exam 3: Measuring and Reporting Financial Position
  5. Question
    If Liabilities Are $45,000 and Equity Is $68,900, Assets Are
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If Liabilities Are $45,000 and Equity Is $68,900, Assets Are

Question 4

Question 4

Multiple Choice

If liabilities are $45,000 and equity is $68,900, assets are:


A) $113,100
B) $113,900
C) $23,100
D) $23,900

Correct Answer:

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