Subject : Accounting
- Department Mechanical Engineering Subject Accounting 1 (32.52 KiB) Viewed 33 times
Department : Mechanical Engineering Subject : Accounting
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Department : Mechanical Engineering Subject : Accounting
Department : Mechanical Engineering
Subject : Accounting
3. a. Write the accounting equation. b. The liabilities of Grieg Company are $120,000 and the owner's equity is $232,000. What is the amount of Grieg Company's total assets? c. The total assets of Grieg Company are $190,000 and its owner's equity is $91,000. What is the amount of its total liabilities? d. The total assets of Grieg Company are $800,000 and its liabilities are equal to one-half of its total assets. What is the amount of Grieg Company's owner's equity?
Subject : Accounting
3. a. Write the accounting equation. b. The liabilities of Grieg Company are $120,000 and the owner's equity is $232,000. What is the amount of Grieg Company's total assets? c. The total assets of Grieg Company are $190,000 and its owner's equity is $91,000. What is the amount of its total liabilities? d. The total assets of Grieg Company are $800,000 and its liabilities are equal to one-half of its total assets. What is the amount of Grieg Company's owner's equity?