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At the beginning of the year, Vendors, Incorporated, had owners' equity of $49,460. During the year, net income was $5,800 and the company paid dividends
At the beginning of the year, Vendors, Incorporated, had owners' equity of $49,460. During the year, net income was $5,800 and the company paid dividends of $4,060. The company also repurchased $8,060 in equity. What was the owners' equity account at the end of the year? Muliple Choice $47,660 $41,400 $35,600 $43,140 $37,340
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