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How much is the business equity at year-end

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Question: Janet Hessy, Attorney, P.C. began the year with total assets of $129,000, liabilities of $77,000, and equity of $52,000. During the year, the business earned revenue of $113,000 and paid expenses of $34,000. How much is the business's equity at year- end?

Reference no: EM132748973

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