Accounts for Saxophone Pty Ltd Are as Follows The Amount for Equity Is:
A) $23 800
B) $47

Accounts for Saxophone Pty Ltd are as follows:
$\begin{array}{lr}\text { Bank overdraft } & \$ 12000 \\ \text { Accounts payable } & 8000 \\ \text { Accounts receivable } & 36300 \\ \text { Office equipment } & 14500 \\ \text { Loan payable } & 34000 \\ \text { Motor vehicle } & 27000\end{array}$
The amount for Equity is:

A) $23 800
B) $47 800
C) $54 000
D) $77 800