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The FastForward Company Balance Sheet Shows Cash $5,000,accounts Receivable $7,000,office

Question 100

Multiple Choice

The FastForward Company balance sheet shows cash $5,000,accounts receivable $7,000,office equipment $3,000,and accounts payable $4,000.What is the amount of equity?


A) $1,000.
B) $11,000.
C) $12,000.
D) $15,000.
E) $19,000.

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