VinnyJr VinnyJr
  • 25-04-2021
  • Business
contestada

What are the company’s assets if the liabilities are $10,000 and the owner’s equity is $20,000?
$40,000


$2,000


$30,000


$10,000

Respuesta :

uesues
uesues uesues
  • 25-04-2021

Answer:

$30,000

hope this helps! good luck!

Answer Link
coco6568 coco6568
  • 25-04-2021
His equity is $20,000 but he owes $10,000 in liability. So if he paid that off his assets would be $10,000.
$10,000 is your answer
Answer Link

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