orlando19882000
orlando19882000 orlando19882000
  • 11-09-2017
  • Business
contestada

If total liabilities are 18,00 and owners equity is 21,000 the total assets must be

If total liabilities are 1800 and owners equity is 21000 the total assets must be class=

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 11-09-2017
The formula is
Assets=liabilities+owner's equity
Assets=18000+21000
Assets=39000

Hope it helps!
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