The equity of Autumn Company is $160,000 and the total liabi
The equity of Autumn Company is $160,000 and the total liabilities are $50,000. The total assets are ________.
A) $320,000
B) $100,000
C) $110,000
D) $210,000
ANSWER
D .Assets = Liabilities + Equity
Assets = 160,000 + 50,000 = 210,000
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