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If Cash at December 31, 2009, Is $26,000, Total Owners

Question 58

Multiple Choice

If Cash at December 31, 2009, is $26,000, total owners' equity is:

A) $160,000.
B) $366,000.
C) $606,000.
D) $400,000.
E) ($160,000) = $400,000 Total Owners' Equity = $400,000

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