Answer Happy

Listed in random order below are the balance sheet figures of
TQM Limited as at September 30, 2020. You are required to compute
Owner’s Equity!
 Trade receivables PKR 50,000
 Trade payables PKR 30,000
 Building PKR 90,000
 Share capital PKR 100,000
 Bank loan PKR 40,000
 Inventories PKR 10,000
 Cash and cash equivalents PKR 20,000
 Reserves PKR 50,000
 Intangible assets PKR 30,000
 Treasury shares PKR 20,000
 Equipment PKR 40,000
 Retained earnings PKR 40,000