Ask a New Question

Asked by Angela

Katie's Vegetarian Restaurant, with total assets of $90,000, borrows $15,000 from the bank. Which of the following is a true statement upon borrowing the money?


Total assets are now $105,000.


Total assets are now $80,000.


Total assets are now $15,000.


Total assets are now $75,000.

Answer- A
7 years ago

Answers

Answered by Ms. Sue
I disagree. That 15,000 she borrowed must be repaid.
7 years ago
Answered by Angela
So it is D
7 years ago
Answered by Ms. Sue
Right. D
7 years ago
Answered by lovebug
yes it is D
7 years ago

Related Questions

what does Vegetarian - that's an old Indian word meaning lousy hunter mean? What is a vegetarian example of a complete protein? Katie had 30 stickers. Katie gave 2/3 of the stickers to her sister. Of the amount left, she gave 2/... Katie had 30 stickers. Katie gave 2/3 of the stickers to her sister. Of the amount left, she gave 2/... Katie had 30 stickers. Katie gave 2/3 of the stickers to her sister. Of the amount left, she gave 2/... Are you a vegetarian? Explain why or why not. Which is the best evaluative thesis for the prompt?... An ovo-­vegetarian will eat all of the following except Question 49Select one: a. cheese... Can a diet of vegetarian put you in a blissful state ? Mika is a vegetarian who has a goal to gain weight and muscle. What will be MOST effective in helpin... Why Go Vegetarian? People choose to eliminate meat from their diets for many reasons. Concer...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use