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Table 2 below provides a valuation of the assots and liabities of a sport and recreation club at the end of the year. You are

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Table 2 below provides a valuation of the assots and liabities of a sport and recreation club at the end of the year. You are not given which items are assets and which are labilies. Work out the value of the business at the end of the year. The figure that you work out will in fact be the Ownership Equity

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