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On January 1st, 2009, an entity's balance sheet showed a total asset of $850 and to liabilities of $250. Owners' equity on January 1st was?

On January 1st, 2009, an entity's balance sheet showed a total asset of $850 and to liabilities of $250. Owners' equity on January 1st was? a. $1,100 b. $600 c. 5250 d. $580

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