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help Given the accounting equation, answer each of the following questions. (a) The liabilities of Berber Company are $120,000 and the owner's equity is $230,000.
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Given the accounting equation, answer each of the following questions. (a) The liabilities of Berber Company are $120,000 and the owner's equity is $230,000. What is the amount of Berber Company's total assets? Total assets $ 350.000 (b) The total assets of Berber Company are $190,000 and its owner's equity is $89.000. What is the amount of its total liabilities? Total liabilities 101,000 (c) The total assets of Berber Company are $900,000 and its liabilities are equal to one-half of its total assets. What is the amount of Berber Company's owner's equity? Owner's equity TA $ 41,100Step by Step Solution
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