Question: Using the following information: Non Current Assets $100,000 Current Assets $100,000 Long-term Liabilities $100,000 Current Liabilities ? Shareholder's Equity ? none of the above total
Using the following information:
| Non Current Assets | $100,000 |
| Current Assets | $100,000 |
| Long-term Liabilities | $100,000 |
| Current Liabilities | ? |
| Shareholder's Equity | ? |
none of the above
total liabilities must equal $200,000
the balance of current liabilities must be zero
shareholder's equity must be $100,000
the balance of shareholder's equity must be less than total assets
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