John and Jane have a net worth of $20,000 and total assets of $150,000. If their revolving credit and unpaid bills totals $8,000, how much are their total liabilities?

John and Jane have a net worth of $20,000 and total assets of $150,000. If their revolving credit and unpaid bills totals $8,000, how much are their total liabilities?




A) $150,000.

B) $130,000.

C) $122,000.

D) $138,000.



Answer: B) $130,000.


Learn More :