If a company's total liabilities are $83,200 and stockholders' equity is $95,800, what is the value of total assets? a) $169,000 b) $179,000 c) $12,600 d) $189,000

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter1: The Role Of Accounting In Business
Section: Chapter Questions
Problem 4SEQ: If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity...
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I need answer of this general accounting question

If a company's total liabilities are $83,200 and
stockholders' equity is $95,800, what is the value of
total assets?
a) $169,000
b) $179,000
c) $12,600
d) $189,000
Transcribed Image Text:If a company's total liabilities are $83,200 and stockholders' equity is $95,800, what is the value of total assets? a) $169,000 b) $179,000 c) $12,600 d) $189,000
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