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Question 3 1 p The owner of a business has $80,000 of equity. The business also has a total of $40,000 in liabilities How
Question 3 1 p The owner of a business has $80,000 of equity. The business also has a total of $40,000 in liabilities How many assets (in dollars) does the business control? 80,000 O 120,000 40,000 Cannot determine with the given information
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
