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4) If the value of owners equity is initially $10,000, calculate the value of owners equity after the following transactions: cash revenues $9,000, prepay rent
4) If the value of owners equity is initially $10,000, calculate the value of owners equity after the following transactions: cash revenues $9,000, prepay rent $3,000, pay bank loan principle $2,000, pay maintenance fees $4,000 and buy a computer on account for $1,000.
- $13,000
- $9,000
- $11,000
- $15,000
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