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By what amount equity off rucker co increase

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Question: Darius Rucker started a business by investing $10,000 cash and a car worth $15,000. There is a $6,000 note payable on the car for the amount still owed. The business will assume the liability to pay of the remaining balance owed on the car. This transaction will increase equity off Rucker Co. by what amount?

Reference no: EM131735089

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