If Assets Are $300,000 and Liabilities Are $192,000,then Equity Equals

question 205

Multiple Choice

If assets are $300,000 and liabilities are $192,000,then equity equals:

• A)$108,000.
• B)$192,000.
• C)$300,000.
• D)$492,000.
• E)$792,000.

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