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11. Oakey & Associates had the following assets and liabilities. The total for equity equals: S Cash at bank 5 000 Mortgage 25 000 Creditors

11. Oakey & Associates had the following assets and liabilities. The total for equity equals: S Cash at bank 5 000 Mortgage 25 000 Creditors 9 000 Inventory 3 800 Debtors 12 200 Office equipment 8 600 Loan from Dalby Ltd 7 000 Motor vehicles 19 000

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