John James has assets of $ 150 000 and liabilities of $ 65 000. What is her equity If the total assets of a business are $37 486. 49 and the total liabilities are $ 11 547.80.calculate the owner's net worth. On June 31, 2020, Anthony Brown's accounting equation was as follows. Assets ($ 150 000) - Liabilities ($70 000) = Equity ($ 80 000), If during 20 -21 the assets increase by $70 owner's equity.at June 31, 20- 22. and the liabilities decrease by $ 20 000, calculate the
John James has assets of $ 150 000 and liabilities of $ 65 000. What is her equity If the total assets of a business are $37 486. 49 and the total liabilities are $ 11 547.80.calculate the owner's net worth. On June 31, 2020, Anthony Brown's accounting equation was as follows. Assets ($ 150 000) - Liabilities ($70 000) = Equity ($ 80 000), If during 20 -21 the assets increase by $70 owner's equity.at June 31, 20- 22. and the liabilities decrease by $ 20 000, calculate the
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter1: Asset, Liability, Owner’s Equity, Revenue, And Expense Accounts
Section: Chapter Questions
Problem 2E: Determine the following amounts: a. The amount of the liabilities of a business that has 60,800 in...
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