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Exercise 1-16 Presented below is information related to the sole proprietorship of Sandra Robinson, attorney. Legal service revenue-2020 $334,000 Total expenses-2020 218,000 Assets, January 1,
Exercise 1-16 Presented below is information related to the sole proprietorship of Sandra Robinson, attorney. Legal service revenue-2020 $334,000 Total expenses-2020 218,000 Assets, January 1, 2020 93,000 Liabilities, January 1, 2020 59,000 Assets, December 31, 2020 158,000 Liabilities, December 31, 2020 110,000 Drawings-2020 ? Prepare the 2020 owner's equity statement for Sandra Robinson's legal practice. (List items that increase owner's equity first.) SANDRA ROBINSON, ATTORNEY Owner's Equity Statement Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT
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