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Eli's Electronic Repair Shop started the year with total assets of $300,000 and total liabilities of $200,000.During the year, the business recorded $400,000 in electronic

Eli's Electronic Repair Shop started the year with total assets of $300,000 and total liabilities of $200,000.During the year, the business recorded $400,000 in electronic revenues, $300,000 in expenses, and Eli withdrew $50,000.Eli's Owner's Capital balance at the end of the year was

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