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Pharoah Company started the year with total assets of $315000 and total liabilities of $255000. During the year the business recorded $632000 in revenues 5326000

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Pharoah Company started the year with total assets of $315000 and total liabilities of $255000. During the year the business recorded $632000 in revenues 5326000 in expenses, and dividends of $63000. Stockholders equity at the end of the year was $240000 5366000 5303000 5273000

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