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SAT, 01.12.2020 15:00 trippie4life

On March 31, the financial information of XYZ company are as follows: capital on March 1 $300,000, owner's contribution $150,000, owner's withdrawals $50,000, expenses $70,000, revenues $100,000, and liabilities $200,000. What is the amount of assets as of March 31 of the current year?
А. $520,000
B $630,000
с. $690.000
D $550,000

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On March 31, the financial information of XYZ company are as follows: capital on March 1 $300,000, o...
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