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    Exam 1: Accounting and the Business Environment
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    Owner's Equity Is $150,000 and Total Liabilities Are $90,000
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Owner's Equity Is $150,000 and Total Liabilities Are $90,000

Question 107

Question 107

Multiple Choice

Owner's equity is $150,000 and total liabilities are $90,000.Total assets would be:


A) $300,000.
B) $180,000.
C) $60,000.
D) $240,000.

Correct Answer:

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