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Cougar's Accounting Services provides low-cost tax advice and preparation to those with financial need. At...

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Accounting

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Cougar's Accounting Services provides low-cost tax advice and preparation to those with financial need. At the end of the current period, the company reports the following amounts; Assets =$17,800; Liabilities =$14,400; Revenues =$26,800; Expenses =$32,400. Required: 1. Calculate net loss. 2. Calculate stockholders' equity at the end of the period

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