The Owner's Equity of Logan's Company is equal to one-half of the total Assets. Liabilities equal $90,000. What is the amount of Owner's Equity?
A) $45,000
B) $90,000
C) $135,000
D) None of these answers is correct.

Question

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The Answer of The Owner's Equity of Logan's Company is equal to one-half of the total Assets. Liabilities equal $90,000. What is the amount of Owner's Equity?
A) $45,000
B) $90,000
C) $135,000
D) None of these answers is correct.

The Owner's Equity of Logan's Company Is Equal to One-Half