Question

Kenmore Handyman Services has total assets for the year of $ 16,400 and total liabilities of $8,680.
Requirements
1. Use the accounting equation to solve for equity.
2. If next year assets increased by $3,500 and equity decreased by $2,580, what would be the amount of total liabilities for Kenmore Handyman Services?


$1.99
Sales3
Views791
Comments0
  • CreatedJune 12, 2015
  • Files Included
Post your question
5000