What is the amount of buerhle companys total assets, Accounting Basics

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What is the amount of buerhle companys total assets

Problem:

1. Given the accounting equation, answer each of the following questions.

(a) The liabilities of Buerhle Company are $120,000 and the owner's equity is $232,000. What is the amount of Buerhle Company's total assets?

(b) The total assets of Buerhle Company are $190,000 and its owner's equity is $91,000. What is the amount of its total liabilities?

(c) The total assets of Buerhle Company are $800,000 and its liabilities are equal to one half of its total assets. What is the amount of Buerhle Company's owner's equity?

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