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The assets and liabilities of Smith Company are as follows: Cash $28,650; Supplies, $840; Equipment, $9,000; Accounts Payable, $7,800. What is the amount of equity

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The assets and liabilities of Smith Company are as follows: Cash $28,650; Supplies, $840; Equipment, $9,000; Accounts Payable, $7,800. What is the amount of equity for Smith? $29,850. $12,690. $30,690. $11,010. $29,010

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