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If Tracy recorded $9,000 as liabilities and $51,000 as equity in a balance sheet she created, which of the following is the correct total of

If Tracy recorded $9,000 as liabilities and $51,000 as equity in a balance sheet she created, which of the following is the correct total of Tracys assets?

  • $60,000

  • $9,000

  • $42,000

  • $51,000

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