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Author Question: The Owner's Equity of Logan's Company is equal to one-quarter of the total assets. Liabilities equal ... (Read 54 times)

Kikoku

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The Owner's Equity of Logan's Company is equal to one-quarter of the total assets. Liabilities equal $30,000. What is the amount of Owner's Equity?
◦ $40,000
◦ $30,000
◦ $10,000
◦ None of these answers are correct.


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Marked as best answer by Kikoku on Nov 10, 2019

morrie123456

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Kikoku

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Reply 2 on: Nov 10, 2019
:D TYSM


connor417

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Reply 3 on: Yesterday
Excellent

 

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