Question: Norberto Barsal opens a servicing business and started a capital of P200,000. At the end of the year, the creditors claim is P100,000 and the

Norberto Barsal opens a servicing business and started a capital of P200,000. At the end of the year, the creditors claim is P100,000 and the owners equity is 80% of the total assets of P500,000. How much is the owners equity at the end of the year?

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