JUST NEED OPTION

no need explain

NO need for explanation

i will rate you

TETES III From the following balances you are required to prepare a Balance Sheet and answer the following questions. Account names Amount in OMR Net profit 100,000 Capital 200,000 Drawings 20,000 Long term loans 40,000 Accounts payable 16,000 Rent payable 2,000 Salary payable 4,000 Building 220,000 Machinery 62,000 Furniture 16,000 Cash 2,000 Accounts receivable 30,000 Supplies 12,000 TETA III Supplies 12,000 1. What is the amount of Total Owner's equity? (1 Mark) 2. What is the amount of Total assets? (1 Mark) 3. What is the amount of Total liabilities? (1 Mark)