Multiple Choice
Which of the following is an example of an owner's equity?
A) A customer pays $3000 for a piece of equipment.
B) An owner pays $7000 for supplies and equipment.
C) An individual starts a new business and puts up $5000 of their own money to get started.
D) The owner is sued and $2000 is paid for retaining an attorney.
Correct Answer:
Verified
Correct Answer:
Verified
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