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3. During 2017. its first year of operations, Yaspo's Bakery had revenues of $200,000 and expenses of $120,000. The business paid dividends of $60,000. What

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3. During 2017. its first year of operations, Yaspo's Bakery had revenues of $200,000 and expenses of $120,000. The business paid dividends of $60,000. What is the amount of equity at December 31, 2017? (2 points) $20,000debit $30,000 debit $30,000 credit $20,000 credit 4. Ayala Company showed the following balances at the end of its fast year: Cash $11,000 Prepaid insurance 500 Accounts receivable 2,500 Accounts payable 2,000 Notes payable. 6,000 Share capital-ordinary 4,000 Dividends 500 Revenues 15,000 Expenses 13,500 What did Ayala Company show as total credits on its trial balance? 12 Points) 537.500 $27.000 0526 500 $28.000

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