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1 pts Question 9 ABC has the following recorded accounts: P1,000,000 worth of land, P20,000 worth of machinery, P10,000 worth of cash, and owed a

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1 pts Question 9 ABC has the following recorded accounts: P1,000,000 worth of land, P20,000 worth of machinery, P10,000 worth of cash, and owed a loan amounting to P500.000 What is the value of the company's equity? OP530.000 OP500.000 None of the choices P1030.000 P1.000.000

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