Solution-What was the net income for the year

What was the net income for the year

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Question - Dimsum Corporation's total assets increased by $50,000 and total liabilities decreased by $20,000 during the year. If no additional investment was made by the investors during the year and dividends of $14,000 were paid, what was the net income for the year?

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What was the net income for the year

Reference no: EM132845594

Reference no: EM132845594

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