Answered

At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

The assets and liabilities of a company are $86,600 and $44,499, respectively. Stockholders' equity should equal a.$44,499 b.$131,099 c.$86,600 d.$42,101

Sagot :

Zviko

Answer:

d.$42,101

Explanation:

We use the accounting equation to determine the Equity Balance

Accounting Equation States :

Assets = Equity + Liabilities

also,

Equity = Assets - Liabilities

therefore,

Equity = $86,600 -  $44,499 = $42,101

thus

Stockholders' equity should equal $42,101

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.