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Accounting Equation

Total questions: 5

Worksheet time: 3mins

Name
Class
Date
1.

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

a)

210,000

b)

2,500,000

c)

363,000

d)

5,000500

e)

4,000,000

2.

What would be the Liability if the Asset is 5,000,000 and the owner’s Equity is 2,500,000?

a)

210,000

b)

2,500,000

c)

363,000

d)

5,000500

e)

4,000,000

3.

What would be the Owner’s Equity if the Liability is 585,000 and the Asset is 948,000?

a)

210,000

b)

2,500,000

c)

363,000

d)

5,000500

e)

4,000,000

4.

What would be the Owner’s Equity if the Asset is 5,999,100 and the Liability is 998, 600?

a)

210,000

b)

2,500,000

c)

363,000

d)

5,000500

e)

4,000,000

5.

 What would be the Asset if the Owner’s Equity is 3,000,000 and the Liability is 1,000,000?

a)

210,000

b)

2,500,000

c)

363,000

d)

5,000500

e)

4,000,000