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    thabo_kenya Posts: 1, Reputation: 1
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    Mar 1, 2011, 02:55 AM
    Assets(R) = Owner's Equity(R) + Liabilities(R)
    Assets(R) = Owner's Equity(R) + Liabilities(R)

    Sold merchandise on credit for R9000. The goods were originally bought for R6000.

    Please provide with the answer on how do I support my Accounting equation on the above statement.

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