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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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Posts: 1455
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7 years ago
If total liabilities are $20,000 and owner's equity is $32,000, the total assets must be:
A) $52,000.
B) $15,000.
C) $8,000.
D) $12,000.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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#1
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7 years ago
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majestico Author
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#2
6 years ago
Thanks for attempting to answer. You were correct in your response!
wrote...
#3
5 years ago
Happy to help Slight Smile 
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