If the Assets Owned by a Business Total $150,000 and Liabilities

question 77

True/False

If the assets owned by a business total $150,000 and liabilities total $105,000, then stockholders' equity totals $45,000.

---

Definitions:

Antigen

A substance that, when introduced into the body, triggers an immune response.

Antibody

A protein produced by the immune system to identify and neutralize foreign objects like bacteria and viruses.

Antibody

A protein produced by the immune system that recognizes and binds to foreign substances (antigens) to neutralize them.

Antigen

A substance that when introduced into the body stimulates an immune response, especially the production of antibodies.