Question: 6. Based on the accounts reflected below, the missing value for Equipment for the fundamental accounting equation to be in balance is what amount? Assume

6. Based on the accounts reflected below, the missing value for Equipment for the fundamental accounting equation to be in balance is what amount? Assume that all accounts have normal balances.

a. $20,000

b. $40,000

c. $25,000

d. $30,000 Cash—$30,800 Accounts Payable—$20,000 Jack Carter, Capital—$60,000 Equipment—$XX,XXX Supplies—$9,200

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