If Owner's Equity Is $135,000 and Total Liabilities Are $90,000

question 140

Multiple Choice

If owner's equity is $135,000 and total liabilities are $90,000, then total assets would be:

• A)$45,000.
• B)$225,000.
• C)$90,000.
• D)$135,000.

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Definitions:

Postmodern Deconstruction

An analytical approach in postmodernism that seeks to understand and dissect complex ideas, texts, or structures by revealing assumptions and contradictions.

Colonialism

The approach or action of securing total or partial political sovereignty over another nation, populating it with colonizers, and making economic use of it.

Colonial World

refers to the global regions and societies that were colonized and controlled by European powers from the late 15th century to the mid-20th century, impacting their economic, social, and political structures.

Representation

The action of speaking or acting on behalf of someone or the depiction of someone or something in a particular way, especially in art and literature.