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LUMPUL RECULUJ LO2-4 BRIEF EXERCISE 2.4 Computing Total Liabilities White Company's assets total $780,000 and its owners' equity consists of capital stock of $500,000 and

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LUMPUL RECULUJ LO2-4 BRIEF EXERCISE 2.4 Computing Total Liabilities White Company's assets total $780,000 and its owners' equity consists of capital stock of $500,000 and retained earnings of $150.000. Does White Company have any outstanding liabilities and, if so, what is the total amount of its liabilities

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