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During 2020, its first year of operations, Brambles Bakery had revenues of $59800 and expenses of $35300. The business had owners drawings of $19200. What

During 2020, its first year of operations, Brambles Bakery had revenues of $59800 and expenses of $35300. The business had owners drawings of $19200. What is the amount of owners equity at December 31, 2020, if the beginning balance was $-0-?

a. $5300 credit

b. $24500 credit

c. $19200 debit

d. $0

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