Accounting 2331


Question Description:

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Accounting 2331 1 answer below ยป During its first year of operations, Anthony Lupa set up Lupo Inc. and invested $15,000 in the corporation. The company earned $35,000 of revenues and incurred
$23,000 of expenses. A cash dividend of $2,000 was paid to Anthony. At the end of the year, the company’s equity totaled: $13,000 $15,000

$25,000

$75,000 Dec 06 2013 07:27 AM

Answer

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