As of June 30, 2022, Actual Tigers Company Has Assets

question 171

Multiple Choice

As of June 30, 2022, Actual Tigers Company has assets of $100,000 and stockholders' equity of $40,000.What are the liabilities for Actual Tigers Company as of June 30, 2022?

• A)$40,000
• B)$60,000
• C)$100,000
• D)$140,000