Assuming Total assets is $37,777 and Total liabilities is $16,575. The dollar value of owner's equity is $21,202.
<h3>What is equity?</h3>
Equity can be defined as total assets minus total liability.
Owner equity can be calculated using this formula
Equity=Total assets- Total liabilities
Equity=$37,777-$16,575
Equity=$21,202
Examples of assets are:
Examples of liabilities are:
- Interest payable
- Accrued wages
Inconcludion the dollar value of owner's equity is $21,202.
Learn more about equity here:brainly.com/question/14032844
Answer:
the organized labor unions fought for better wages, reasonable working hours and safer working conditions for everyone
James Madison created the basic framework for the U.S. Constitution, He was also helped write Bill of Rights. He is therefore known as the Father of the Constitution. He was the fourth U.S. president!