What would be the Asset if the Liability is 90,000 and the Owner’s Equity is 120,000?
Accounting Equation

Quiz
•
Financial Education
•
11th Grade
•
Medium
MARINELLA ACUPAN
Used 5+ times
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
210,000
2,500,000
363,000
5,000500
4,000,000
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What would be the Liability if the Asset is 5,000,000 and the owner’s Equity is 2,500,000?
210,000
2,500,000
363,000
5,000500
4,000,000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What would be the Owner’s Equity if the Liability is 585,000 and the Asset is 948,000?
210,000
2,500,000
363,000
5,000500
4,000,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What would be the Owner’s Equity if the Asset is 5,999,100 and the Liability is 998, 600?
210,000
2,500,000
363,000
5,000500
4,000,000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What would be the Asset if the Owner’s Equity is 3,000,000 and the Liability is 1,000,000?
210,000
2,500,000
363,000
5,000500
4,000,000
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