Question: Hi guys, please help to solve this question. Thanks E. SII,100. On January 1 of the current year, Jimmy's Sandwich Company, Inc. reported stockholders' equity
E. SII,100. On January 1 of the current year, Jimmy's Sandwich Company, Inc. reported stockholders' equity totaling Also, during the current year the business paid $20,000 to the stockholders. No other changes in equity 5. $122,500. During the current year, total revenues were $96,000 while total expenses were $85,500. occurred during the year. If, on December 31 of the current year, total assets are $196,000, the change in stockholders' equity during the year was: A. A decrease of $9,500 B. An increase of $9,500. C. An increase of $30,500. D. A decrease of $30,500. E. An increase of 73,500
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