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Carla's Computer Repair Shop started the year with total assets of $540,000 and total liabilities of $360,000. During the year, the business recorded $900,000 in
Carla's Computer Repair Shop started the year with total assets of $540,000 and total liabilities of $360,000. During the year, the business recorded $900,000 in computer repair revenues, $510,000 in expenses, and the company paid dividends of $90,000. 158. Equity at the end of the year was a. $480,000. b. $450,000. c. $570,000 d. $390,000
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