What will be the equity of the business?

Use the information below to answer the question that follows:

Net loss      ₦2300
Capital       ₦10500
Liabilities    ₦7200

What will be the equity of the business?

Options

A) ₦12,800

B) ₦4,900

C) ₦8,200 >>>>>>>>>

D) ₦9,500

The correct answer is C.

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