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If total assets equal $216,326 and total liabilities equal $132,036, total owner's equity is A.$84,290 B.$348,362 C.$132,036 D.cannot be determined from the information given
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If total assets equal $216,326 and total liabilities equal $132,036, total owner's equity is

A.$84,290
B.$348,362
C.$132,036
D.cannot be determined from the information given

User CAFxX
by
8.5k points

1 Answer

5 votes
The correct answer is A. $84,290 because Owners Equity=Assets-Liabilities
User Nick Locking
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