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What is the amount of owners equity at december 31

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Question

During 2020, its first year of operations, Aida's Bakery had revenues of $65000 and expenses of $35000. The business had owner's drawings or dividends of $22000. What is the amount of owner's equity at December 31, 2020, if the beginning balance was $-0-?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132316910

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