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What were the total assets on january

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Question - The owner's equity of Dayton Company on Dec. 31 was $636,000, which was $490,000 greater than the liabilities, which had increased by $50,000 during the year. Also during the year, the company had a net loss of $77,000, the owner investments were $100,000 and the withdrawals were $44,000. What were the total assets on January 1?

Reference no: EM132076866

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