orlando19882000 orlando19882000

11-09-2017
Business

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If total liability increased by 6,000 and the assets increased by 8,000 during the accounting period what is the change in the owners equity amount

If total liability increased by 6000 and the assets increased by 8000 during the accounting period what is the change in the owners equity amount class=

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Aliwohaish12 Aliwohaish12

17-09-2017

Owner's equity=assets-liabilities
Owner's equity=8000-6000
Owner's equity=2000

So the answer is a

Hope it helps!

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