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Pey Webber invested $60,000 cash and $32,000 of office furniture into James Company. What is the impact to the accounting equation? Assets = Liabilities +

Pey Webber invested $60,000 cash and $32,000 of office furniture into James Company. What is the impact to the accounting equation? Assets = Liabilities + Equity +$92,000 +$60,000 + +$32,000

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