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+ 2. After 27 loans rejections, John family took equity loan on their house $100,000 and put the money into the business. Debt financing was

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+ 2. After 27 loans rejections, John family took equity loan on their house $100,000 and put the money into the business. Debt financing was recorded in the following manner: Assets Liabilities Stockholders' Equity Revenue - Expense = Net Income Options Accounts Cash Accounts Notes + Common receivables payable Retained + + Payables Stock earings 100,000+ = + + 100,000 + 100,000 B 100,000 + (100,000) = . + + 100,000 + + 100,000+ + D 100,000 + 100,000+ + + 11 = IITT

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