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    mgammel's Avatar
    mgammel Posts: 1, Reputation: 1
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    #1

    Oct 11, 2011, 06:08 PM
    Accounting Question
    Assume my assets are 460,000 and liabilities are 300,000 in 2010 and I ade an investment of 50,000 what would the owners equity be?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Oct 12, 2011, 07:49 AM
    Assets = Liabilities + Owners Equity

    Therefore:
    Owners Equity = Assets - Liabilities
    Owners Equity = $460,000 - $300,000
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