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How much is the total liabilities at the end of the period

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Question - At the start of the period, a business has total assets of 500,000 and total liabilities of 300,000. During the period, the business earned total income of 1,000,000 and total expenses of 640,000. No additional investments or withdrawals were made by the owner. Total assets at the end of the period were 830,000. How much is the total liabilities at the end of the period?

Reference no: EM132979186

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