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The total assets of the business amounted to P1,700,000 and liabilities amounted to P400,000. The owner withdrew cash amounting to P50,000. How much is the

The total assets of the business amounted to P1,700,000 and liabilities amounted to P400,000. The owner withdrew cash amounting to P50,000. How much is the total liabilities and owner's equity after the withdrawal

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