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A company has liabilities of $210,000. The opening balance in the owners capital account is $60,000; in drawings $20,000; revenues $320,000; and expenses $255,000. What
A company has liabilities of $210,000. The opening balance in the owners capital account is $60,000; in drawings $20,000; revenues $320,000; and expenses $255,000. What are the companys total assets?
| $65,000 |
| $270,000 |
| $590,000 |
| $315,000 |
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