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What is the amount of Dash's owner's equity? a) $20,000 b) $70,000 c) $120,000 d) $ 30,000
According to Going Concern Assumption of Accounting, If a company's accumulated loss made over time is greater than the available capital; it may show a consolidated ... Voir Plus
Dash's owner Equity is $70,000
Asset-liabilities= owners equity=70000
The answer : B The amount of the Dash's Owner's equity is $70,000 Assets= Liabilities + Owner's equity 150,000=80,000+ Owner's equity owner's equ ... Voir Plus
Correct answer is70000$ Thank you
Owner's equity is the net worth after deducting total liabilities from total assets. Therefore, Dash's owner's equity is $70,000. Computed as $150,000 - $8 ... Voir Plus
Total assets = Total liabilities + Equity $150,000 =$80,000 + Equity Equity = $150,000 - $80,000 Equity = $70,000