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What is the amount of owner equity at the end of the year

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Question - At the beginning of the year, Oriole Company had total assets of $778,000 and total liabilities of $296,000. Answer the following independent questions.

If total assets increased $153,000 during the year and total liabilities decreased $58,000, what is the amount of owner's equity at the end of the year?

Reference no: EM132607777

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