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If total liabilities are $200,000 and total assets are $325,000, owner's equity would be: 2) a. $525,000 b. $200,000 c. $125,000 d. impossible to determine from the given data
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If total liabilities are $200,000 and total assets are $325,000, owner's equity would be: 2)

a. $525,000
b. $200,000
c. $125,000
d. impossible to determine from the given data

User Mufaddal Gulshan
by
7.7k points

1 Answer

6 votes
$125,000 The Answer is c:
$325,000-$20000 (of liabilites) thus= $125,000
User Cmbaxter
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7.9k points
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