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Sue and Tina start a business. In the first month they invest $12,000 cash in the company. $3,000 is then spent on equipment and $600
Sue and Tina start a business. In the first month they invest $12,000 cash in the company. $3,000 is then spent on equipment and $600 on supplies. The women also purchased a large office printer, which cost $800; however, they will not need to pay that bill for two months. What is the owner's equity at the end of Sue and Tina's first month?
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