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What is the amount for equity for tech pty ltd

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Reference no: EM132654747

Accounts for Total Tech Pty Ltd are as follows:

Bank overdraft $12,000

Accounts payable 8,000

Accounts receivable 36,300

Office equipment 14,500

Loan payable 34,000

Motor vehicle 27,000

Problem 1: What is the amount for equity?

Reference no: EM132654747

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