Q:

As of December 31, 2008, Anders Company has assets of $35,000 and owner's equity of $20,000. What are the liabilities for Anders Company as of December 31, 2008?

belongs to collection: Accounting mcq

0

As of December 31, 2008, Anders Company has assets of $35,000 and owner's equity of $20,000. What are the liabilities for Anders Company as of December 31, 2008?


  1. $15,000
  2. $10,000
  3. $25,000
  4. $20,000

All Answers

need an explanation for this answer? contact us directly to get an explanation for this answer

a. $15,000

 

need an explanation for this answer? contact us directly to get an explanation for this answer

total answers (1)

Collection of a $500 Accounts Receivable... >>
<< Ed Dexter began the Dexter Company by investing $2...