On August 1, Lola Company’s assets are $30,000 and its liabilities are $10,000. On August 4, Lola issues a sustainability report. On August 5, ownership invests $3,000 cash and $7,000 of equipment in Lola. After the investment, what is the amount of equity for Lola?
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On August 1, Lola Company’s assets are $30,000 and its liabilities are $10,000. On August 4, Lola is...
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