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  1. Study help
  2. Business
  3. Accounting
  4. accounting question

Owner’s equity is $150,000 and total liabilities are

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


  • $300,000 
  • $180,000 
  • $60,000 
  • $240,000

Expert Answer expert-answer

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Related Book For answer-question
Financial Accounting: A Business Process Approach

Financial Accounting: A Business Process Approach

3rd edition

Authors: Jane L. Reimers

ISBN: 978-0136115274

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