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Total assets of martin = 500,000 , its liabilities and equity amount are equal waht are amounts of liab, equi

by Guest62279  |  earlier

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total assets of martin equal $ 500,000 and its liabilities and equity amount are equal waht are amounts of liabilities and equity.

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  1. Assets = Liabilities + Equity

    500 = x + y

    You know that x and y are equal, so it's really 500 divided by 2.

    So the answer is 250,000 each.

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