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STU Enterprises reported total assets of $600,000 and owner's equity of $300,000 on March 31, 2024. Determine the liabilities of the company. Also, if the
ยท STU Enterprises reported total assets of $600,000 and owner's equity of $300,000 on March 31, 2024. Determine the liabilities of the company. Also, if the liabilities increased by $50,000 during the year, what are the total assets at the end of the year?
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