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The following information relates to Flower Shop. Beginning assets 750,000 Beginning liabilities 466,000 Beginning equity 284,000 Sales during the year 2,313,000 Expenses (including taxes) during
The following information relates to Flower Shop. Beginning assets 750,000 Beginning liabilities 466,000 Beginning equity 284,000 Sales during the year 2,313,000 Expenses (including taxes) during the year 2,105,000 Dividends during the year 52,000 Proceeds from the issuance of stock 131,000 Ending assets 1,069,000 Using the accounting equation, what is the ending balance of equity
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