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?
A) $860,000
B) $916,000
C) $1,154,000
D) $1,210,000
Correct Answer:
Verified
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C)
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B) revenues.
C)
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A)
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Saira's
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A) summarizes the changes in
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A) Assets > Liabilities.
B)
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