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At the beginning of the year, Vendors, Inc., had owners' equity of $47,900. During the year, net income was $4,400 and the company paid dividends
At the beginning of the year, Vendors, Inc., had owners' equity of $47,900. During the year, net income was $4,400 and the company paid dividends of $3,300. The company also repurchased $6,900 in equity. What was the owners' equity account at the end of the year? $41,000 $42,100 $37,700 $36,600 $ 47,100
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