At the beginning of June owner's equity in Stone works was $150,000. During the month, the company
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Question:
At the beginning of June owner's equity in Stone works was $150,000. During the month, the company earned profit of $60,000 and owner's withdrew $6,000.
What was the owner's equity at the end of June? Show your calculation.
Related Book For
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
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