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Just before Henderson Laboratories opened for business, Eugene Henderson, the owner, had the following assets and liabilities Cash Laboratory equipment Laboratory Supplies Loan payable Accounts

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Just before Henderson Laboratories opened for business, Eugene Henderson, the owner, had the following assets and liabilities Cash Laboratory equipment Laboratory Supplies Loan payable Accounts payable $ 39,500 74,600 5,800 14,100 9,625 Determine the totals that would appear in the firm's fundamental accounting equation (Assets = Liabilities + Owner's Equity). Assets Liabilities Owner's equity

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