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View Full Version : The total assets of Haldeman Company are $170,000 and its stockholders


flewmac
Oct 25, 2012, 11:54 AM
The total assets of Haldeman Company are $170,000 and its stockholders' equity is $90,000. What is the amount of its total liabilities?

paraclete
Oct 25, 2012, 02:41 PM
Ah Shucks! Apparently you don't understand the basic accounting equation; assets minus liabilities equal equity