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    Exam 6: Financial Statements and the Closing Process
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    The Total Assets Amount to $26,000 and the Total Liabilities
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The Total Assets Amount to $26,000 and the Total Liabilities

Question 91

Question 91

Multiple Choice

The total assets amount to $26,000 and the total liabilities amount to $18,000.The amount of the owner's equity is


A) $18,000.
B) $44,000.
C) $26,000.
D) $8,000.

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