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What is the answer? A business has Cash OMR 5,000, Accounts Receivable OMR 15,000, Bank Overdraft OMR 8,000, Land OMR 30,000, Accounts Payable OMR 10,000

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A business has Cash OMR 5,000, Accounts Receivable OMR 15,000, Bank Overdraft OMR 8,000, Land OMR 30,000, Accounts Payable OMR 10,000 and Furniture OMR 7,000. The value of equity will be? OMR 47,000 OMR 39,000 None of these OMR 55,000

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