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Calculate the value of assets and liabilities

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Question - Based on the Accounting Equation, calculate the value of Assets, Liabilities and Capital if:

i. Capital was $70,000 and Liabilities totaled $55,000.

ii. Assets totaled $120, 000 and Capital was $20,000.

iii. Assets totaled $45,000 and Liabilities totaled $25,000.

iv. Liabilities totaled $4,000 and Capital is equal to 20% of Total Assets.

v. Capital totaled $4,500 and Liabilities are equal to 25% of Total Assets.

Reference no: EM132568858

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