Solution-What is the amount of stockholders equity at the

What is the amount of stockholders equity at the end of year

Reference no: EM132240398

Question - Precision Camera Services started the year with total assets of $90,000 and total liabilities of $65,000. The revenues and the expenses for the year amounted to $100,000 and$70,000, respectively. During the year, the company did not issue any common stock, but it distributed dividends of $40,000. What is the amount of stockholders' equity at the end of the year?

Reference no: EM132240398

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What is the amount of stockholders equity at the end of year : Precision Camera Services started the year with total assets of $90,000 and total liabilities of $65,000. What is the amount of stockholders' equity

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What is the amount of stockholders equity at the end of year

Reference no: EM132240398

Reference no: EM132240398

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