At the end of a recent year, Ready Maid Cleaning Service, a full-service house and office cleaning service, had total assets

Question

Sholpan [36]

3 years ago

13

At the end of a recent year, Ready Maid Cleaning Service, a full-service house and office cleaning service, had total assets

of $ 5,810 and equity of $ 2,880.
How much were Ready Maid Cleaning Service's liabilities?

Mathematics

1 answer:

torisob [31] · Answer 1 · 2022-01-22T06:36:25+03:00

Answer:

Ready Maid Cleaning Service's liabilities were $2930.

Step-by-step explanation:

At the end of a recent year, Ready Maid Cleaning Service, a full-service house and office cleaning service, had total assets of $ 5,810 and equity of $ 2,880.

Liabilities = assets - equity

So, Liabilities = $5810-2880=2930$ dollars

Hence, Ready Maid Cleaning Service's liabilities were $2930.

At the end of a recent​ year, Ready Maid Cleaning​ Service, a​ full-service house and office cleaning​ service, had total assets

At the end of a recent year, Ready Maid Cleaning Service, a full-service house and office cleaning service, had total assets