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On June 1, total Owners' Equity for X Company was $16,735. During June, X Company earned revenue of $14,432, incurred expenses of $8,176, issued common
On June 1, total Owners' Equity for X Company was $16,735. During June, X Company earned revenue of $14,432, incurred expenses of $8,176, issued common stock for $1,333, borrowed $1,003 from the bank. Owners' Equity on June 30 was
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