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During 2020, its first year of operations, Sheffield's Bakery had revenues of $61400 and expenses of $34400. The business had owner's drawings of $20300.
During 2020, its first year of operations, Sheffield's Bakery had revenues of $61400 and expenses of $34400. The business had owner's drawings of $20300. What is the amount of owner's equity at December 31, 2020, if the beginning balance was $-0-?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
