If Liabilities Are $45,000 and Equity Is $68,900, Assets Are

question 36

Multiple Choice

If liabilities are $45,000 and equity is $68,900, assets are:

• A)$23,100.
• B)$23,900.
• C)$113,900.
• D)$113,100.

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Definitions:

Ethical

Pertaining to morals, principles of right and wrong, or the philosophy regarding moral conduct.

Sales Clerk

A retail worker responsible for assisting customers, conducting sales transactions, and maintaining the sales floor's organization.

NASW Code of Ethics

A document that outlines the ethical principles and standards that guide the professional conduct of social workers, emphasizing principles like social justice, dignity and worth of the person, and the importance of human relationships.