Oriole Company began the year with owner's equity of $301000. During the year, the company recorded revenues of $386000, expenses of $289000, and had owner drawings of $30700. What was Oriole' owner's equity at the end of the year?

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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What was Oriole' owner's equity at the end of the year ? 

Oriole Company began the year with owner's equity of $30100O. During the year, the company recorded revenues of $386000,
expenses of $289000, and had owner drawings of $30700. What was Oriole' owner's equity at the end of the year?
$301000.
O $367300.
O $398000.
O $428700.
Transcribed Image Text:Oriole Company began the year with owner's equity of $30100O. During the year, the company recorded revenues of $386000, expenses of $289000, and had owner drawings of $30700. What was Oriole' owner's equity at the end of the year? $301000. O $367300. O $398000. O $428700.
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