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What are the total assets at the end of the year

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Problem 1: At the beginning of the year, Surf Laundry had total assets of P75,000 and had no liability. During the year, Surf Laundry Shop borrowed P20,000 from DBP and the owner deposited P10,000 for additional capital. What are its total assets at the end of the year?

Reference no: EM133010290

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