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  • Jun 13, 2008, 06:55 PM
    ktwyman
    Total Assets
    If the owners is 150,000 and the total liabilities is 90,000 what would be the total assests?
  • Jun 13, 2008, 11:21 PM
    morgaine300
    This is based on your accounting equation:

    Assets = Liabilities + Equity

    And you really, really need to memorize this equation.

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