If the net assets of a business totalled 540,000 and its liabilities totalled 316,800, its total assets

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If the net assets of a business totalled £540,000 and its liabilities totalled £316,800, its total assets on that date would amount to:
(a) £223,200
(b) £540,000
(c) £633,600
(d) £856,800

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 26, 2023 06:46 AM

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If the net assets of a business totalled 540,000 and its liabilities totalled 316,800, its total assets

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Financial Accounting An Introduction

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