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Doc's Ribhouse had beginning equity of $76,000; net income of $43,000, and withdrawals by the owner of $20,000. The owner made no investments during the
Doc's Ribhouse had beginning equity of $76,000; net income of $43,000, and withdrawals by the owner of $20,000. The owner made no investments during the year. Calculate the ending equity.
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Accounting
Authors: Charles T. Horngren, Walter T. Harrison
7th Edition
0132439603, 9780132439602
