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Better-Cars Selection, a used car dealer, has total assets and liabilities of R50 000 and R18 000, respectively. The firm constructed a shelter for its
Better-Cars Selection, a used car dealer, has total assets and liabilities of R50 000 and R18 000, respectively. The firm constructed a shelter for its automobiles by promising to pay the building contractor, upon completion of the building, R500 per month for twenty-four months. Upon completion, owner's equity will__________.
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