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Business, 21.09.2019 06:50 twinkieslayer

York casting services started the year with total assets of $110,000 and total liabilities of $60,000. the revenues and the expenses for the year amounted to $110,000 and $50,000â, respectively. during theâ year, the company did not issue any commonâ stock, but it distributed dividends of $45,000. calculate the amount of increase or decrease inâ stockholders' equity for the year.

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York casting services started the year with total assets of $110,000 and total liabilities of $60,00...
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