【单选题】John Brown invested in his new firm $8 600 in cash, $4 000 worth of supplies, equipment and machinery valued at $12 000, and a $5 000 notes payable based upon the equipment and machinery. What is the ...
A.
Owner ’ s capital=19,600 Assets=8,600+4,000+12,000=24,600 Liability=5,000
B.
Owner ’ s capital=19,600 Assets=8,600+4,000+12,000=24,600 Liability=19,600
C.
Owner ’ s capital=5,000 Assets=8,600+4,000+12,000=24,600 Liability=5,000