Ashleys accessory shop started the year with total assets

Reference no: EM13609500

Ashley's Accessory Shop started the year with total assets of $70,000 and total liabilities of $40,000. During the year the business recorded $110,000 in revenues, $55,000 in expenses, and dividends of $20,000. Stockholders' equity at the end of the year was?

Reference no: EM13609500

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