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34. If, as at the year-end, the owner's equity of a business was $50,000 and total assets were $97,000, what would be the total liabilities

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34. If, as at the year-end, the owner's equity of a business was $50,000 and total assets were $97,000, what would be the total liabilities as at that date? * (1 Point) 550.000 5147.000 $47.000 597,000 None of the above

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