Posted by **Ellen** on Tuesday, March 4, 2008 at 8:08am.

Account Word Problems like this I seem not to get the concept , please give me an exam as how to figure out this problem.

1. The liabilities of Acosta Corporation equal one-third of the total assets. And stockholders equity is $160,000. What is the amount of the liabilities.

Assets = Liabilities + S Equity

? = ? + $160,000

2. The liabilities of the Cochran Company equal one-fifth of the total assets The stockholders equity is $40,000. What is the amount of the liabilities?

Assets = Liabilities + S Equity

? = ? + $40,000

## Answer this Question

## Related Questions

- accounting - Can someone give me the site where I can do practice problems for ...
- Math - I'm doing some word problems on finding the areas of rectangles, its just...
- Accounting - I am taking an accounting class and the instructor is refusing to ...
- Finance - I can't seem to figure this problem out: You make $4,800 annual ...
- Algebra-I really need help, please? - I have to solve sqrt(2x-7) >=5 answers ...
- Finance - Trying to figure out how to do problems like these. So confused! 1. ...
- HELP ME PLEASE - how will the fundemantal accounting equtation (assets=...
- Algebra - Here is the problem: A two-digit number is eight times the sum of its ...
- Algebra - Here is the problem: A two-digit number is eight times the sum of its ...
- Accounting - Journalize the following transactions and omit the explanations. A...