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Marilu Company Began the Year with Owner's Equity of $15,000

Question 176

Multiple Choice

Marilu Company began the year with owner's equity of $15,000. During the year, Marilu received additional owner investments of $21,000, recorded expenses of $60,000, and had owner drawings of $4,000. If Marilu's ending owner's equity was $46,000, what was the company's revenue for the year?


A) $70,000
B) $74,000
C) $91,000
D) $95,000

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