9. If total assets increased to P150,000 during the year and total liabilities decreased to P80,000,what is the amount of Owners' equity at the end of the year? *

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Chapter1: Financial Statements And Business Decisions
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9. If total assets increased to P150,000 during the year and total liabilities
decreased to P80,000,what is the amount of Owners' equity at the end of
the year? *
Transcribed Image Text:9. If total assets increased to P150,000 during the year and total liabilities decreased to P80,000,what is the amount of Owners' equity at the end of the year? *
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