help with accounting homework please!?

Question

how do you figure out the owner's equity and the liabilities if your assets are $380, revenues $80, and expenses are $100. help

Answer 1

Owner's equity = revenues minus expenses, or $80 - $100 = loss of $20
Assets = Liabilities + Owner's Equity
380 = Liabilities + (-20)
Liabilities = 380 + 20 = $400