If you know that at the beginning of the year, the total assets of Al-Nahar Company were
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If you know that at the beginning of the year, the total assets of Al-Nahar Company were 150,000 dinars, and that the total liabilities were 50,000 dinars, and that during the year the net profit amounted to 60,000 dinars, and the company also paid dividends in kind worth 30,000 dinars, then what would be the total equity at the end of the year?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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