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    College Accounting
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    Exam 1: Accounting Concepts and Procedures
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    If Total Assets Are $30,000 and Total Liabilities Are $18,000,Capital
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If Total Assets Are $30,000 and Total Liabilities Are $18,000,Capital

Question 124

Question 124

Multiple Choice

If total assets are $30,000 and total liabilities are $18,000,Capital must equal:


A) $12,000.
B) $28,000.
C) $8,000.
D) $20,000.

Correct Answer:

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