ABC, Inc. had a balance of $200 000 in owner' equity at the end of...
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Accounting
ABC, Inc. had a balance of $200 000 in owner' equity at the end of last financial year (30 June 2019). During this year, the company recorded a net profit of $50 000, drawings of $30 000, and borrowed $10 000. What was the owner's equity at the end of this year as at 30 June 2020
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