If assets are $375,000 and equity is $125,000, then llablikies are:OOMultiple ChoiceO$500,000.$125,000.$625,000.$250,000.$375,00015

The accounting equation represents the balance between what a company owns (assets) and what it owes…

Answered: If assets are $375,000 and equity is…

If assets are $375,000 and equity is $125,000, then liabilities are: Multiple Choice O O O $500,000. $125,000. $625,000. $250,000. $375,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

If assets are $375,000 and equity is $125,000, then llablikies are:
O
O
Multiple Choice
O
$500,000.
$125,000.
$625,000.
$250,000.
$375,000
15

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