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Calculate the amount of cash if: Total assets=$10,000 Total liabilities=$10,000 Total Capital=$5000
  1. $6000
  2. $10,000
  3. $5000
  4. $1000
Explanation

Calculate the amount of cash if: Total assets=$10,000 Total liabilities=$10,000 Total Capital=$5000 

This is a accounting equation ie: assets = liability + capital.

put the values in equation we get

10000=10000+5000

10000=15000

15000-10000 =5000


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