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

question 3

Multiple Choice

Accounts for Saxophone Pty Ltd are as follows:
 Bank overdraft $12000 Accounts payable 8000 Accounts receivable 36300 Office equipment 14500 Loan payable 34000 Motor vehicle 27000 \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:

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