I need help with my homework

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Jan 19, 2003 | 07:33 PM

#11

babygrass

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No wait.. I thought your'e supposed to add up liabilities and equity and that's supposed to match assets?

Jan 19, 2003 | 07:51 PM

#12

xsfer

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From: Brighton

nope.

Jan 19, 2003 | 07:58 PM

#13

babygrass

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But that's how they have it laid out in my textbook.. now I"m confused.

Jan 19, 2003 | 09:33 PM

#14

rolotomasu

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From: Bay Area

Quote:

I thought your'e supposed to add up liabilities and equity and that's supposed to match assets?

You're correct. I redid the math and it does tie out. Assets = Liab + Equity = $294K. Looks good.

Jan 20, 2003 | 10:01 PM

#15

wantone

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Joined: Nov 2001

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From: La La Land

[QUOTE]Originally posted by SteveUCI
[B]I don't think I can help ya, but good luck babygrass!

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