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False

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Curtis Strite

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2y ago
This answer is:
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Curtis Strite

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2y ago
No. Assets = Liabilities + Owner's Equity = 300,000 + 300,000 = 600,000
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Dip Rahman

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2y ago

True

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Q: Is it true or false if the liabilities owed by a business total $300,000 and stockholders equity is equal to $300,000, then the assets also total $300,000?
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Related questions

If the liablilities owned by a business total 300000 and owners equity is equal to 300000 then will the assets also total 300000?

No. Assets = Liabilities + Owner's Equity = 300,000 + 300,000 = 600,000


If equity is 300000 and liabilities are 192000 then assets equal?

108000


The difference between assets and liabilities is?

assets are what the business owned and liabilities are what the business owe.


What causes stockholder equity to change?

Remember that in accounting, the Mother of All Equations is: Assets - Liabilities = Stockholders' Equity Anything that increases or decreases your assets or liabilities is going to cause your Stockholders' Equity to change as well.


What is current liabilities to total assets ratio?

Current liabilities to total assets ratio is the comparison between total assets in business with current liabilities in business.


Is owners equity equal to the business liabilities less the business assets?

No. Owners Equity is equal to Business Assets less Business Liabilities.


If the assets owned by a company total 500000 and the stockholders equity totals 400000 do liabilities total 100000?

1. Basic Accounting Equation: Assets = Liabilities + Owners Equity 500000 = Liabilities + 400000 Liabilities = 500000 - 400000 Liabilities = 100000


What is the appropriate order for a company's chart of accounts?

assets, liabilities, stockholders' equity, revenues, expense


What are assets liabilities and equity?

It is the basic accounting equation which shows the relationship of business assets toward liability and equity and it tells that all assets must generate enough money to pay all liabilities and owner's capital to be successful business.


If total assets increased 150000 during the year and total liabilities decreased 80000 what is the amount of stockholders' equity at the end of the year?

If total assets increased 150000 during the year and total liabilities decreased 80000 what is the amount of stockholders' equity at the end of the year?


What is the accounting equation and when is it balanced?

There is a lot of accounting equations, but i assume you mean Assets=Liabilities+stockholders' Equity.


Expanded accounting equation?

Assets =Liabilities +(Stockholders' Equity=Paid-in Capital + Revenues - Expenses - Dividends - Treasury Stock. )Assets =Liabilities +(Owner's Equity=Owner's Capital + Revenues - Expenses - Owner's Draws.)