Answer is D ie. $2520.
Because the Accounting equation is
Assets= Liabilities - Capital.
Here Capital means Owners equity or stockholders equity.
Here Assets= $5180
Capital or equity = $2660
Therefore Liability= Assets - Capital or Equity
Ie. Liability = $5180 - $2660= $2520
Michael Tekestel 02/24/20 11:20 AM ACC-121-06: Spring 2020 - Xiao Time Limit: 01:45:00 Submit Test Test:...
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