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If the value of equity is initially $10,000, calculate the value of equity after the following transactions: cash revenues $9,000, prepay rent $3,000, pay bank
If the value of equity is initially $10,000, calculate the value of 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.
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