Nguyen company began the year with owners equity of 217000, Ask an Expert

Accounting

Nguyen Company began the year with owner's equity of $217,000. During the year, Nguyen received additional owner investments of $294,000, recorded expenses of $840,000, and had owner drawings of $56,000. If Nguyen's ending owner's equity was $531,000, what was the company's revenue for the year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9975738

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