rosebear2003
New member
Hi, this is my first time posting a question on here. This is a homework problem that has a lot of my classmates stomped.
The question is to find the amount of equity.
Assets:48,000
Owner Investments: 5,000
Net Income:7,500
Owner Cash Withdrawal:2,500
Thanks for the help. However, when I typed in the answer the homework (there is a check your homework button) said that I was wrong.
The question is to find the amount of equity.
Assets:48,000
Owner Investments: 5,000
Net Income:7,500
Owner Cash Withdrawal:2,500
Thanks for the help. However, when I typed in the answer the homework (there is a check your homework button) said that I was wrong.