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Required: How much did Powell Company have in revenues for the year? Assets, January 1 $ 50,000 Liabilities, January 1 34,000 Assets, December 31
Required: How much did Powell Company have in revenues for the year? Assets, January 1 $ 50,000 Liabilities, January 1 34,000 Assets, December 31 64,000 Liabilities, December 31 44,000 Issuance of stock 3,100 Revenues Expenses Dividends 3,000 1,900 ?
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