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How much is the total liabilities of the business

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Reference no: EM132910064

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Q1) Give and explain the answer: If the owner's equity is P150,000 which is 40% of the total assets, how much is the total liabilities of the business?

Q2) Explain the message below ''Accounting is a systematic process''.

Q3) Explain the message below ''Accounting is an art''.

Q4) Explain the message below ''Accounting is a service activity".

Reference no: EM132910064

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