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The accounts of Mason Company at the end of the past year report the following amount, If the beginning equity for the year was $173,000,
The accounts of Mason Company at the end of the past year report the following amount, If the beginning equity for the year was $173,000, calculate the ending equity for Mason Company. Cornelia's Closet has the following account balances for the dates given; Also its net income, for October 31 was $20,000 and there were no investments or withdrawals by the owner. Determine the equity at both October 1 and October 31
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