Question: es 1 $ 7 , 0 0 0 in equipment in exchange for ownership in Lola. After the investment, what is the amount of equity

es 1
$7,000 in equipment in exchange for ownership in Lola. After the investment, what is the amount of equity for Lola?
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On March 1,ABx Company's assets are $100,000 and its liabilities are $30,000. On March 5,ABx is fined $15,000 for failing emission standards. ABX immediately pays the fine in cash. After the fine is paid, what is the amount of equity for ABx ?
\table[[,Assets,=,Liabilities,,Equity],[,,30,000,+,$,70,000],[March 1,$,100,000,=,$,,+,,],[Change,,,=,,,+,,],[March 5,,,,,,+,,]]
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es 1 $ 7 , 0 0 0 in equipment in exchange for

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