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At January 1, 2019, Burton Industries reported owner's equity of RM130,000. During 2019, Burton had a net loss of RM30,000 and owner drawings of RM20,000.
At January 1, 2019, Burton Industries reported owner's equity of RM130,000. During 2019, Burton had a net loss of RM30,000 and owner drawings of RM20,000. At December 31, 2019, the amount of owner's equity is RM130,000. RM140,000 RM100,000. RM80,000
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Accounting
Authors: Carl S. Warren, Philip E. Fess, James M. Reeve, C.Rollin Niswonger, Jim Reeve
18th Edition
0538839333, 978-0538839334
