Question
Ending liabilities are 68,000, beginning equity was $88,900, common stock issued during year totaled $32,000, expenses for the year were $23,000, dividends declared totaled $14,000,
Ending liabilities are 68,000, beginning equity was $88,900, common stock issued during year totaled $32,000, expenses for the year were $23,000, dividends declared totaled $14,000, ending equity for the year is $183,500, and beginning assets for the year were $224,000. What are the ending assets for the year?
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Farmers Irs Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304134237, 978-1304134233
