Help Save & Exit Savvy Sightseeing had beginning equity of $81,000 revenues of $117.000, expenses of...

Question

Question

business accounting

Answer 1

Answer #1

Ending equity

= Beginning equity + Net income - Withdrawls

= Beginning equity + (Revenues - Expenses) - Withdrawals

= 81,000 + (117,000-74,000) - 9,900

= 81,000 + 43,000 - 9,900

= 114,100

Answer 2

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