At the beginning of the year, owners' equity totaled $245,000. During the year, net income was $82,000, and dividends of $57,000 were declared and paid. Owners' equity at the end of the year was: a. $228,000 b. $270,000 c. $327,000 d. $384,000

At the beginning of the year, owners' equity totaled $245,000. During the year, net income was $82,000, and dividends of $57,000 were declared and paid. Owners' equity at the end of the year was: a. $228,000 b. $270,000 c. $327,000 d. $384,000

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 52E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...

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Hi expert please give me answer general accounting

At the beginning of the year, owners' equity totaled $245,000. During the
year, net income was $82,000, and dividends of $57,000 were declared and
paid. Owners' equity at the end of the year was:
a. $228,000
b. $270,000
c. $327,000
d. $384,000

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Subject:- General Account