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SA1 If a company has $33,000 in Equity and $60,000 in Assets, how much Liability would the company have? Type your numeric answer and submit

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SA1 If a company has $33,000 in Equity and $60,000 in Assets, how much Liability would the company have? Type your numeric answer and submit MC10 Milim Co. had a balance of $90,500 in their retained earnings account on January 1st. Over the course of the year they had revenues of $72,400 and expenses of $51,200 They also declared and paid $20,000 in dividends. On December 31st Milim Co. closed the appropriate accounts. What would the ending balance of Retained earnings be after the accounts were closed? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 90,500 b 111,700 91,700 d None of the Above

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