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TB MC Qu. 01-182 Savvy Sightseeing had beginning... Savvy Sightseeing had beginning equity of $79,000; revenues of $111,000, expenses of $72,000, and withdrawals by owners

TB MC Qu. 01-182 Savvy Sightseeing had beginning...

Savvy Sightseeing had beginning equity of $79,000; revenues of $111,000, expenses of $72,000, and withdrawals by owners of $9,700. Calculate the ending equity.

Multiple Choice

  • $108,300.

  • $39,000.

  • $118,000.

  • $30,300.

  • $40,000.

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