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Under the framework chapter of measurement, calculate the value of equity from the following financial...

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Accounting

Under the framework chapter of measurement, calculate the value of equity from the following financial information:

Fixed asset and current asset are OMR 85,000 and investment is OMR 42,000. Bank borrowing is OMR 28,000; creditor is OMR 2,000, outstanding expense is

OMR 1,500.

a) OMR 97,000

b) OMR 95,500

c) OMR 97,500

d) OMR 99,000

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