Question
Bonita Consulting started the year with total assets of $58400 and total liabilities of $14200. During the year, the business recorded $48200 in catering
Bonita Consulting started the year with total assets of $58400 and total liabilities of $14200. During the year, the business recorded $48200 in catering revenues and $30900 in expenses. Bonita issued stock of $9800 and paid dividends of $14900 during the year. Stockholders' equity changed by what amount from the beginning of the year to the end of the year?
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Principles of Accounting
Authors: Belverd Needles, Marian Powers, Susan Crosson
10th edition
618736611, 978-1111809508, 111180950X, 978-0618736614
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