Multiple Choice
Sing Tao inc. began operations on June 2, 2014. During June, Sing Tao sold ordinary shares for HK$17,175,000, earned revenue of HK$3,030,000, incurred expenses of HK$1,545,000, and paid dividends of HK$45,000. Equity at the end of June is
A) HK$1,440,000.
B) HK$1,485,000.
C) HK$18,615,000.
D) HK$20,205,000.
Correct Answer:
Verified
Correct Answer:
Verified
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