Secret recipe company shows 170000 worth of assets on its


Question - Secret recipe company shows $170,000 worth of assets on it's December 31, 2009 balance sheet. If the companies total liabilities are $71,200, what is the amount of owners equity?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Secret recipe company shows 170000 worth of assets on its
Reference No:- TGS02820347

Now Priced at $20 (50% Discount)

Recommended (95%)

Rated (4.7/5)