Shannon Cook is the owner and operator of Galaxy LLC, a motivational consulting business. At the end
Question:
a. Owner’s equity, as of December 31, 2011.
b. Owners equity, as of December 31, 2012, assuming that assets increased by $175,000 and liabilities decreased by $60,000 during 2012.
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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