How do you solve for liabilities when only given assets?

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1148785

2026-07-28 14:35

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To solve for liabilities you have to have assets and owners equity. If you are given these two balances, then to find liabilities remember the accounting equation.

Assets = Liabilities + Owners Equity (Stockholders Equity)

Rearrange the equation to find

Assets - Owners Equity = Liabilities

For example if you have

Assets 500 = Liabilities X = Owners Equity $300

Assets $500 - OE $300 = Liab. $200

The equation original form would look like this.

$500 = $200 + $300

If you are not given at least two balances, there is really no way to figure the Liabilities.

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