As of June 30, 2011, Dallas Company has assets of $120,000 and equity of $10,000.What are the liabilities for Dallas Company as of June 30, 2011?

Name: As of June 30, 2011, Dallas Company has assets of $120,000 and equity of $10,000.What are the liabilities for Dallas Company as of June 30, 2011?
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The Answer of As of June 30, 2011, Dallas Company has assets of $120,000 and equity of $10,000.What are the liabilities for Dallas Company as of June 30, 2011?

As of June 30, 2011, Dallas Company Has Assets of $120,000