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Expenses for the year were 392000 ending equity is 751000

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Reference no: EM13481997

Beginning Assets were $700,000, Beginning Equity was $225,000, Revenue for the year was $523,000, Common Stock sold during the year totaled $320,000, Expenses for the year were $392,000, Ending Equity is $751,000, and Ending Assets are $963,000. What were the Beginning Liabilities for the year?

Reference no: EM13481997

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