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A) Coffee shop lists its total liabilities as of today as OMR 85,000 and its equity as OMR 25,000. Requirements: 1. Calculate the business total

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A) Coffee shop lists its total liabilities as of today as OMR 85,000 and its equity as OMR 25,000. Requirements: 1. Calculate the business total assets using the accounting equation. 2. If the capital account only had 10,000 at the beginning of the year and the owner made no withdrawals, did the business make a profit or loss this year and by what amount

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