A business owner had sales of $78,000 and expenses of $42,000 last year. The owner took $54,000 out of the business for personal

Question

3 years ago

12

A business owner had sales of $78,000 and expenses of $42,000 last year. The owner took $54,000 out of the business for personal

use. The owner's original investment was $20,000 in cash. The owner is having trouble paying business expenses. Analyze the problem using the accounting equation and explain why the owner is having trouble paying expenses

Mathematics

1 answer:

steposvetlana [31] · Answer 1 · 2022-03-31T01:20:36+03:00

steposvetlana [31]3 years ago

4 0

Answer:

The answer is 1203

Step-by-step explanation: