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Savvy Sightseeing Had Beginning Equity of $72,000; Revenues of $90,000

Question 66

Multiple Choice

Savvy Sightseeing had beginning equity of $72,000; revenues of $90,000, expenses of $65,000, and withdrawals by owners of $9,000. Calculate the ending equity.


A) $97,000.
B) $38,000.
C) $88,000.
D) $47,000.
E) $25,000.

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