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What is the net worth or owner equity

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Question - Taylor Equipment Repair Service is owned by Jason Taylor.

Cash $33,700

Supplies 5,780

Accounts Receivable 12,600

Equipment 77,400

Accounts Payable 23,400

Use the above figures to make balance sheet dated February 28, 2019.

Analyze -

What is the net worth, or owner's equity, at February 28, 2019, for Taylor Equipment Repair Service?

What is the net worth, or owner's equity, at February 28, 2019, for Taylor Equipment Repair Service?

Use the above figures to prepare a balance sheet dated February 28, 2019.

Reference no: EM132592468

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