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Name: 2. A company's balance sheet shows the total assets as $45000 and acc
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Description: 2. A company's balance sheet shows the total assets as $45000 and accounts pay$12,000. What is the amount of owner's equity?A. $12,000.B. $29,000.C. $57,000.D. $45,000.45,000

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Accounting

2. A company's balance sheet shows the total assets as $45000 and accounts pay $12,000. What is the amount of owner's equity? A. $12,000. B. $29,000. C. $57,000. D. $45,000. 45,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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