Stockholders equity at the end of the year


Jimmy's Repair Shop started the year with total assets of $100,000 and total liabilities of $80,000. During the year the business recorded $210,000 in revenues, $110,000 in expenses, and dividends of $20,000. Stockholders' equity at the end of the year was ??

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Accounting Basics: Stockholders equity at the end of the year
Reference No:- TGS088870

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