[The following information applies to the questions displayed below.]
The following entry appears in Martin Supply's general journal on March 10,2018:
-Before the journal entry above,Martin had assets of $900,000;liabilities of $460,000;and owners' equity of $440,000.Total assets immediately after the above transaction has been recorded amount to:
A) $900,000.
B) $921,000.
C) $956,000.
D) $794,000.
Correct Answer:
Verified
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