19 If assets are $299,000 and liabilities are $191,000, then equity equals: Multiple Choice $490,000. $789,000. $108,000. $299,000. ○ $191,000,
19 If assets are $299,000 and liabilities are $191,000, then equity equals: Multiple Choice $490,000. $789,000. $108,000. $299,000. ○ $191,000,
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:19
If assets are $299,000 and liabilities are $191,000, then equity equals:
Multiple Choice
$490,000.
$789,000.
$108,000.
$299,000.
○ $191,000,
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