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Business, 28.08.2019 04:10 nedannn

During its first year of operations, the owner of roseland company personally invested $25,000 in the corporation in exchange for common stock and paid dividends of $5,000. the company earned $68,000 of revenues and incurred $32,000 of expenses. at the end of the year, the company owed $24,000 to its creditors. at the end of the year, the company's assets totaled:

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