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If total assets equal $345,000 and total owners' equity equal $120,000, then total liabilities must equal: $465,000. $225,000. $120,000. Cannot be determined from the information
If total assets equal $345,000 and total owners' equity equal $120,000, then total liabilities must equal:
|
| $465,000. |
|
| $225,000. |
|
| $120,000. |
|
| Cannot be determined from the information given. |
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955, 0078110955
