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Required information [The following information applies to the questions displayed below.) Answer the following questions. (Hint: Use the accounting equation.) b. Office Store has assets
Required information [The following information applies to the questions displayed below.) Answer the following questions. (Hint: Use the accounting equation.) b. Office Store has assets equal to $100,000 and liabilities equal to $71,000 at year-end. What is the equity for Office Store at year-end? Equity Assets = $ 100,000 = Liabilities + $ 71,000+
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