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    Computer Accounting Study Set 2
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    Exam 9: February Source Documents
  5. Question
    If the Balance Sheet Shows $75,000 in Assets and $4,000
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If the Balance Sheet Shows $75,000 in Assets and $4,000

Question 3

Question 3

Multiple Choice

If the Balance Sheet shows $75,000 in assets and $4,000 in liabilities, what is the company's equity?


A) $71,000.
B) $79,000.
C) $81,000.
D) $89,000.
E) None of these.

Correct Answer:

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