Accounts for Printers Pty Ltd Are as Follows Equity Is:
A)$54 200
B)$2000
C)$50 200
D)$26 200

Multiple Choice

Accounts for Printers Pty Ltd are as follows:
$\begin{array}{llcc} \text { Cash } & \$2000 \\ \text {Creditors } &10000\\ \text { Accounts Receivable } &11700\\ \text { Office equipment } &4500\\ \text { Loan payable } &14000\\ \text { Motor vehicle} &32000\\\end{array}$

Equity is:

A) $54 200
B) $2000
C) $50 200
D) $26 200