Answer :
Answer:
Owner's Equity= $ 150,000- $ 30,000= $ 120,000
Explanation:
The accounting equation is Assets= Liabilities + Owner's Equity
$ 150,000= $ 30,000 + Owner's Equity
Owner's Equity= $ 150,000- $ 30,000= $ 120,000
Answer:
Owner's Equity= $ 150,000- $ 30,000= $ 120,000
Explanation:
The accounting equation is Assets= Liabilities + Owner's Equity
$ 150,000= $ 30,000 + Owner's Equity
Owner's Equity= $ 150,000- $ 30,000= $ 120,000