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At year end, assets are $11,000 liabilities are $5,000, owner's capital is $1,000, and expenses are $4,000. What is the total amount of revenues? $19,000
At year end, assets are $11,000 liabilities are $5,000, owner's capital is $1,000, and expenses are $4,000. What is the total amount of revenues? $19,000 $9,000 $1,000 $11,000
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Financial Reporting and Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
7th edition
978-1259722653
