157k views
4 votes
A business owner had sales of $78,000 and expenses of $42,000 last year. The owner took $54,000 out of the business for personal use. The owner's original investment was $20,000 in cash. The owner is having trouble paying business expenses. Analyze the problem using the accounting equation and explain why the owner is having trouble paying expenses

User Dfr
by
4.4k points

1 Answer

3 votes

Answer:

The answer is 1203

Explanation:

User VJ Hil
by
4.3k points