Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Accounting homework help (https://www.askmehelpdesk.com/showthread.php?t=727868)

  • Jan 13, 2013, 08:35 PM
    lucybell12
    Accounting homework help
    The total assets of the Jones Company are $190,000 and its owner's equity is $91,000. What is the amount of the company's total liabilities?
  • Jan 13, 2013, 09:48 PM
    paraclete
    this simple equation is well known and found in text books. Assets minus liabilities equals equity

    • All times are GMT -7. The time now is 02:19 PM.