The assets and liabilities of a company are $86,140 and $45,483, respectively. Stockholders' equity should equal a.$45,483 b.$86,140 c.$40,657 d.$131,623

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter1: The Role Of Accounting In Business
Section: Chapter Questions
Problem 4SEQ: If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity...
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The assets and liabilities of a company are $86,140 and $45,483, respectively. Stockholders' equity should equal

a.$45,483
b.$86,140
c.$40,657
d.$131,623
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