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How is the equity value of a business calculated

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Reference no: EM132630300

Question -

Q1. How is the equity value of a business calculated considering only the accounts in the owner's equity section of the trial balance?

Q2. If a business is owned by three partners, how many drawings accounts are required on the books? Why?

Q3. If a business is owned by three partners, how many capital accounts are required on the books? Why?

Reference no: EM132630300

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