Question: Equity can be calculated as follows: Capital opening balance + the owner contributed additional funds + the owner contributed a new machine - the owner

Equity can be calculated as follows: Capital opening balance + the owner contributed additional funds + the owner contributed a new machine - the owner withdrew R5 000 from the entity's bank account + the profit the entity made for the financial period. / Ekwiteit kan soos volg bereken word: Kapitaal openingsaldo + die eienaar het addisionele fondse bygedra + die eienaar het ? nuwe masjien bygedra - die eienaar het R5 000 onttrek uit die entiteit se bankrekening + die wins wat die entiteit gemaak het vir die finansiële tydperk. A. True B. False

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