Accounting Quiz

Calculate Assets If Liabilities are $8,000 and Capital is $12,000, what are the Assets?

• $20,000

• $4,000

• $14,000

• $10,000

Calculate Assets If Liabilities are $10,000 and Capital is $15,000, what are the Assets?

• $25,000

• $5,000

• $12,000

• $20,000

Calculate Capital If Assets are $28,000 and Liabilities are $10,000, what is the Capital?

• $18,000

• $38,000

• $22,000

• $12,000

Calculate Capital If Assets are $30,000 and Liabilities are $12,000, what is the Capital?

• $18,000

• $42,000

• $22,000

• $10,000

Calculate Assets If Liabilities are $9,000 and Capital is $16,000, what are the Assets?

• $25,000

• $7,000

• $5,000

• $23,000

Calculate Liabilities If Assets are $22,000 and Capital is $8,000, what are the Liabilities?

• $14,000

• $30,000

• $20,000

• $12,000

Calculate Capital If Assets are $25,000 and Liabilities are $15,000, what is the Capital?

• $10,000

• $40,000

• $15,000

• $5,000

Calculate Liabilities If Assets are $18,000 and Capital is $7,000, what are the Liabilities?

• $11,000

• $25,000

• $10,000

• $5,000