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Homework answers / question archive / If total liabilities are $1,000 and total assets are $8,000, what must be the total of the owners' equity?

If total liabilities are $1,000 and total assets are $8,000, what must be the total of the owners' equity?

Accounting

If total liabilities are $1,000 and total assets are $8,000, what must be the total of the owners' equity?

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