Question
ABC, Inc. had a balance of $200 000 in owner' equity at the end of last financial year (30 June 2019). During this year, the
ABC, Inc. had a balance of $200 000 in owner' equity at the end of last financial year (30 June 2019). During this year, the company recorded a net profit of $50 000, drawings of $30 000, and borrowed $10 000. What was the owner's equity at the end of this year as at 30 June 2020?
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Internal Auditing And Risk Management The Mediating Effect Of Role Ambiguity On Factors Performance Relationship
Authors: Shabnam Fazli Aghghaleh, Zakiah Mohammadun Mohammed, Azlina Ahmad
1st Edition
3846587397, 978-3846587393
