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Fast2F Fast2F
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6 years ago
The Owner's Equity of Logan's Company is equal to one-half of the total assets. Liabilities equal $40,000. What is the amount of Owner's Equity?
A) $40,000
B) $30,000
C) $20,000
D) None of these answers is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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Fast2F Author
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#2
6 years ago
I wish I would have known about this service with my other classes.
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#3
5 years ago
Happy to help Slight Smile
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