A proprietorship began the year with owner's equity of $42,000During the yearthey recorded revenues of...
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Accounting
A proprietorship began the year with owner's equity of $42,000During the yearthey recorded revenues of $240,000, and took drawings of $10,000If the ending owner's equity was $52,000 what were the expenses for the year?A $240,000 B $220,000 C $190,000 D $260,000
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