Correct Answer: Option A

Explanation

Owner's Equity = Assets - Liabilities

Assets = 26,000,000 + 5,000,000 + 22,000,000 = 53,000,000

Liabilities = 4,000,000 + 11,000,000 = 15,000,000

Equity  = 53,000,000 - 53,000,000 = 38,000,000

• What is the meaning of agricultural sciences? Answer this

  1 Answers   ·   Agricultural Science   ·   3 days ago
• Does WAEC give Calculator to student for there exam? Answer this

  2 Answers   ·   Mathematics   ·   2 days ago
• 2(3)+2? Answer this

  1 Answers   ·   Mathematics   ·   2 days ago