Question

A companys assets totaled $24,350 and liabilities totaled $8,510 at the beginning of the year. During the year, adets decrea
0 0
Add a comment Improve this question Transcribed image text
Answer #1
Assets = Liabilities + Stockholder's equity
24350 8510
-3510 2810
20840 11320 20840-11320 = 9520

So answer is c) $9520

Add a comment
Know the answer?
Add Answer to:
A company's assets totaled $24,350 and liabilities totaled $8,510 at the beginning of the year. During...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT