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What is the amount of equity

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Question - The Fast Forward 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.

Reference no: EM132848676

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