4) If Mr. Allen had included a $6,000 note payable (written liability), in problem 2, what would then have been his Owners equity?

4) If Mr. Allen had included a $6,000 note payable (written liability), in problem 2, what would then have been his Owners equity?

Assets Liabilities Owners equity

a) $24,000 $19,000 X

b) $16,500 X $12,300

c) X $2,700 $14,000

d) $15,665 $9,406 X