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At the end of a recent​ year, Jefferson Cleaning​ Service, a​ full-service house and office cleaning​ service, had total assets of $ 6 comma 280 and equity of $ 3 comma 380. How much were Jefferson Cleaning​ Service's liabilities?

Respuesta :

eugeniawatanabe

Answer:

Jefferson Cleaning Service's liabilities: 2,900

Explanation:

Accounting Equation Formula

Assets = Liabilities + Owner's Equity

Asset – Owner's Equity = Liabilities

In  Jefferson Cleaning Service`s case:

Liabilities = 6,280 – 3,380

Liabilities = 2,900