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What is the value of the owner’s equity?*
a) $1,,
b) $1,,
c) $1,,
d) $1,,
e) None of the above.
assets = liabilaties + equity
$1.030.000 = 0+1.030.000
Assets= Liabilities + Equity
Assets
- Land $1,,
- Cash $,
Liabilities
- Machinery $,
Equity =,
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