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    Horngrens Accounting Study Set 2
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    Exam 1: Accounting and the Business Environment
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    If Owner's Equity Is $135,000 and Total Liabilities Are $90,000
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If Owner's Equity Is $135,000 and Total Liabilities Are $90,000

Question 140

Question 140

Multiple Choice

If owner's equity is $135,000 and total liabilities are $90,000, then total assets would be:


A) $45,000.
B) $225,000.
C) $90,000.
D) $135,000.

Correct Answer:

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