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The following are balance sheet accounts for ABC Event Company for end of year. Please note that the company paid $2,500 in cash for the

The following are balance sheet accounts for ABC Event Company for end of year. Please note that the company paid $2,500 in cash for the equipment and financed the remaining $6500 with a loan from the bank.

Accounts Payable $6,500

Accounts Receivable $4,800

Cash $1,500

Equipment $9,000

Equipment Software $500

Notes Payable - $6500

Owners Equity ????

What would a balance sheet for ABC Event Company look like?

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