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02-02-2017
Business

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The liabilities of grieg company are $120,000 and the owner’s equity is $232,000. what is the amount of grieg company’s total assets?

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getttingitdone getttingitdone

02-02-2017

normally assets = liabilities + owner equity
What assets does the company have, i.e. cash on hand, equipment, accounts receivable?

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