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6 September, 11:59

Which statement is true about the value of Dante's assets and liabilities?

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  1. 6 September, 14:26
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    It would be the accumulation of assets and Liabilities would be the equal to the amount of Dante's capital.

    For example, Let's say we know that Dante has $150,000 in capital and $ 50,000 in liabilities.

    Dante's asset would be:

    $150,000 - $ 50,000 = $100,000

    which mean He has $50,000 more in assets than in liabilities
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