Answer:
45/75
Step-by-step explanation:
75/5 = 15
15x3 = 45
The amount of stockholders’ equity as of August 31 of the current year is $26400.
<h3>How to calculate the equity?</h3>
The owner's equity will be:
= Cash + Supplies + Equipment - Account payable
= 27900 + 900 + 8500 - 7300
= 26400
Therefore, the amount of stockholders’ equity as of August 31 of the current year is
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no
Step-by-step explanation:
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