If assets are $175,000 and equity is $47,000, then are liabilities equal?

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- If assets are $175,000 and equity is $47,000, then are liabilities equal?

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Accounting Texts and Cases

ISBN: 978-1259097126

13th edition

Authors: Robert Anthony, David Hawkins, Kenneth Merchant

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Posted Date: Jun 08, 2022 09:24 AM

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If assets are $175,000 and equity is $47,000, then are liabilities equal?

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