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bennie39
Nov 24, 2007, 02:30 PM
11000 liability 14000 capital stock and 32000 retained earnings what is the Asset amount
qcmar24
Nov 25, 2007, 09:22 AM
11000 liability 14000 capital stock and 32000 retained earnings what is the Asset amount

remember your assets should equal the total of your liabilities plus your equity.
then:
$11,000 liability + $14,000 capital stock + $32,000 retained earnings = $57,000 assets
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Equity
I hope this could help you.