Blossom Company began the year with owner's equity of $ 106700. During the year, Blossom received additional owner investments of $ 146400, recorded expenses of $ 412000, and had owner drawings of $ 29100. If Blossom's ending owner's equity was $ 290300, what was the company's revenue for the year? $ 449200. O$ 478300. O $ 624700. O$ 595600.
Blossom Company began the year with owner's equity of $ 106700. During the year, Blossom received additional owner investments of $ 146400, recorded expenses of $ 412000, and had owner drawings of $ 29100. If Blossom's ending owner's equity was $ 290300, what was the company's revenue for the year? $ 449200. O$ 478300. O $ 624700. O$ 595600.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
What is the company’s revenue?
![Blossom Company began the year with
owner's equity of $ 106700. During the year,
Blossom received additional owner
investments of $ 146400, recorded expenses
of $ 412000, and had owner drawings of $
29100. If Blossom's ending owner's equity
was $ 290300, what was the company's
revenue for the year?
$ 449200.
$ 478300.
$ 624700.
$ 595600.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fca7907ca-a2a3-4c1a-9c44-aa2acee15e60%2F86db7b5b-8381-4fc0-a7e0-439c60d87f7d%2Fd7u2qn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Blossom Company began the year with
owner's equity of $ 106700. During the year,
Blossom received additional owner
investments of $ 146400, recorded expenses
of $ 412000, and had owner drawings of $
29100. If Blossom's ending owner's equity
was $ 290300, what was the company's
revenue for the year?
$ 449200.
$ 478300.
$ 624700.
$ 595600.
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