During the year, EcoWash has $120,000 in revenues, $50,000 in expenses, and $4,000 in dividend payments. Shareholders
Question:
During the year, EcoWash has $120,000 in revenues, $50,000 in expenses, and $4,000 in dividend payments. Shareholders’ equity changed by:
a. +$66,000
c. −$66,000
b. +$70,000
d. +$74,000
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Related Book For 
Financial Accounting International Financial Reporting Standards
ISBN: 9780273777809
1st Global Edition
Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy
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