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The total assets of Sara Company are $57,000. Saras capital account is $25,000; drawings are $7,000; revenues, $50,000; and expenses, $35,000.What is the amount of

  1. The total assets of Sara Company are $57,000. Saras capital account is $25,000; drawings are $7,000; revenues, $50,000; and expenses, $35,000.What is the amount of the companys total liabilities?

  1. $23,000
  2. $ 24,500
  3. $24,000

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