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The accounts of Mason Company at the end of the past year report the following amounts: Accounts Amount Owner Withdrawals, G. Mason $ 15,500 Revenues
The accounts of Mason Company at the end of the past year report the following amounts:
Accounts | Amount |
---|---|
Owner Withdrawals, G. Mason | $ 15,500 |
Revenues | $ 97,000 |
Expenses | $ 43,800 |
Owner investments | 2,000 |
If the beginning equity for the year was $173,000, calculate the ending equity for Mason Company.
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