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At the Beginning of the Year,the Total Owner's Equity of Alpha

Question 81

True/False

At the beginning of the year,the total owner's equity of Alpha Technologies was $90,000.The revenues and expenses were $80,000 and $40,000,respectively.The owner did not make and contributions or withdrawals during the year.The total owner's equity at the end of the year will amount to $120,000.

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