jcbo234
Jan 18, 2016, 05:48 PM
At the end of the current year a company has total assets of $14,700 and total liabilities of $8,680.
If during next year total assets increased by $4,300 and equity decreased by $3,500, what would be total liabilities at the end of next year?
I'm just not sure how to go about solving this problem.
If during next year total assets increased by $4,300 and equity decreased by $3,500, what would be total liabilities at the end of next year?
I'm just not sure how to go about solving this problem.