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What will be the change in owners equity at the end of year

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Reference no: EM132778364

Some of the transactions that red wine cellers co. had during the fiscal year 2020 are the following:

1) dividend for the year were of 100000

2) sales revenue was 750000

3) expenses amounted to 500000

4) shares issued and sold for 200000.

Problem 1: Given the above transaction what will be the change in owners equity at the end of the year

Reference no: EM132778364

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