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Gene and Rory get together and start a mortgage brokerage business. They each contribute $ 2 5 , 0 0 0 of capital to the
Gene and Rory get together and start a mortgage brokerage business. They each contribute $ of capital to the business. After the first year of operation, the total owners' equity is listed as $ Most likley, the additional $ of owners' equity is
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current liabilities
common stock
longterm liabilities
retained earnings
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