Question
On 12/31/2021 Green Co. had total assets of $20 million and total owners equity of $8 million. During the year, total assets increased by $6
On 12/31/2021 Green Co. had total assets of $20 million and total owners equity of $8 million. During the year, total assets increased by $6 million and total owners equity increased by $11 million. How much were Green Co.s total liabilities at 12/31/2022?
A) 12 million
B) 7 million
C) 5 million
D) 19 million
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Advanced Accounting And Auditing Theory And Practice
Authors: Prof. R.B. Patel
1st Edition
8188730882, 978-8188730889
