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Question 23 Ali has just started-up a business. He introduced $10,000 of his own savings, equipment worth $2,500 and obtained a bank loan of $1,000.

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Question 23 Ali has just started-up a business. He introduced $10,000 of his own savings, equipment worth $2,500 and obtained a bank loan of $1,000. What is the correct balance on owner's equity account following these transactions? A $10,000 B $13,500 C$12,500 D$11,500 Confirm Skip

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