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

Question

Question

Answer 1

Answer #1

Option (a) is correct

We will use the below equation to find the value of ending equity:

Ending equity = Beginning equity + Revenues - Expenses - Withdrawals

Ending equity = $81000 + $117000 - $74000 - $9900

Ending equity = $114100

Answer 2

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