Kizspy Question: 2
(Choose 1 answer)
A company's balance sheet shows: cash $22,000, accounts receivable $16,000, office equipment $50,000,
and accounts payable $17,000. What is the amount of owner's equity?
A. $17,000.
B. $29,000.
FJOVERFLOW.Com
C. $71,000.
D. $88,000.
E. $105,000.
