Asked by Victoria Overbey on Jul 15, 2024

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The assets and liabilities of a company are $128,000 and $84,000, respectively. Stockholders' equity should equal

A) $212,000
B) $44,000
C) $128,000
D) $84,000

Stockholders' Equity

The remaining interest in a company's assets after its liabilities are subtracted, signifying ownership stake.

Liabilities

Financial obligations or debts owed by a company to creditors, which must be settled over time through the transfer of assets, provision of services, or other economic benefits.

Assets

Resources owned or controlled by a business that are expected to produce economic value or benefits in the future.

  • Acquire knowledge of the basic theories of assets, liabilities, and stockholders' equity and their contributions to the accounting equation.
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KK
Kennedy KallasJul 17, 2024
Final Answer :
B
Explanation :
Stockholders' equity is calculated as Assets minus Liabilities, which is $128,000 - $84,000 = $44,000.