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Find owner equity at beginning of the year must have been

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Problem 1: At the end of the current year, the owner's equity in LaRose Corporation is $150. During the year, the assets of the business had decreased by $86, and the liabilities had increased by $40. Dividends declared and paid were $32. NO contributed capital transactions occurred. Owner's equity at the beginning of the year must have been

Reference no: EM132668433

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