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Update the balance sheet above to reflect the transactions below, which occur on January 6, 2023 1. Borrow $52,000 from a bank 2. Purchase equipment

image text in transcribed Update the balance sheet above to reflect the transactions below, which occur on January 6, 2023 1. Borrow $52,000 from a bank 2. Purchase equipment for $48,000 in cash What is the final amount in Cash

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