SOLUTION: ) The assets of ABC Company are $260,000 and the total liabilities are $60,000. The equity is ________. A) $160,000 B) $220,000 C) $60,000 D) $200,000

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Question 1160817: ) The assets of ABC Company are $260,000 and the total liabilities are $60,000. The equity is ________.
A) $160,000
B) $220,000
C) $60,000
D) $200,000

Answer by MathLover1(20849)   (Show Source): You can put this solution on YOUR website!
if the assets of ABC Company are $ and the total liabilities are $, the equity is
$

answer is: D) $

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