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A company's balance sheet shows: Cash $42,000, Accounts receivable $26,000, Office equipment $60,000, and Accounts payable $27.000. What is the amount of total equity? Multiple

A company's balance sheet shows: Cash $42,000, Accounts receivable $26,000, Office equipment $60,000, and Accounts payable $27.000. What is the amount of total equity? Multiple Choice $27,000 $39,000 $101,000 ST! $120,000 $155,000

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