pablo is trying to determine the owners equity in his business. he is reviewing the balance sheet and he…

pablo is trying to determine the owners equity in his business. he is reviewing the balance sheet and he sees he has $150,000 in total assets and $100,000 in total liabilities. based on this information, what is pablos owners equity? a. $50,000 b. $100,000 c. $150,000 d. $250,000

pablo is trying to determine the owners equity in his business. he is reviewing the balance sheet and he sees he has $150,000 in total assets and $100,000 in total liabilities. based on this information, what is pablos owners equity? a. $50,000 b. $100,000 c. $150,000 d. $250,000

Answer

Answer:

A. $50,000