Stock-holders equity at the end of the year, Accounting Basics

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Stock-holders equity at the end of the year

Cindy shop started the year

Assets-------------------------$100,000
Liablities--------------------- 80,000

The year the business recorded$210,000 in revenues $110,000 in expensese, and dividends of $20,000, stockholders equity at the end of the year was:

A.$120,000

B. $100,000

C. $80,000

D. $90,000

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Accounting Basics: Stock-holders equity at the end of the year

Reference No:- TGS092501

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Accounting Basics: Stock-holders equity at the end of the year

Reference No:- TGS092501

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Stock-holders equity at the end of the year

Reference No:- TGS092501

Recent Questions Asked Accounting Basics

Q : Adjusting entry at year end on the work sheet

Q : Fixed selling and administrative costs

Q : What is the fund required rate of return

Q : What was companys revenue for the year

Q : Stock-holders equity at the end of the year

Q : What is the amount of the gift mario made in current year

Q : Average collection period for accounts receivable

Q : Dollar sales to attain the target profit

Q : What is the required rate of return on a stock

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