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gOOvER gOOvER
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6 years ago
Scott's Camera Shop started 2014 with total assets of $80,000 and total liabilities of $40,000. During the year the business earned revenues of $120,000 and incurred expenses of $70,000. Scott made an additional $15,000 capital contributions during the year, and made withdrawals of $60,000. Prepare a statement of owner's equity for 2014.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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KryzenKryzen
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6 years ago
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gOOvER Author
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5 years ago
Your help has been outstanding, keep it up!
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