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Calculate the ending equity for mason company

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Reference no: EM133105677

Question - 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

Required - If the beginning equity for the year was $173,000, calculate the ending equity for Mason Company.

Reference no: EM133105677

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