The accounts of Mason Company at the end of the past year report the following amounts:
$$\begin{array} { l r }
\text { Accounts } & \text { Amount } \
\hline \text { Dividend } & \$ 15,500 \
\text { Reveruses } & \$ 97,000 \
\text { Expenses } & \$ 43,800 \
\text { Stock issuances } & 2,000
\end{array}$$
If the beginning equity for the year was $173,000,calculate the ending equity for Mason Company.

Question

The accounts of Mason Company at the end of the past year report the following amounts:
 $$\begin{array} { l r } 
\text { Accounts } & \text { Amount } \
\hline \text { Dividend } & \$ 15,500 \
\text { Reveruses } & \$ 97,000 \
\text { Expenses } & \$ 43,800 \
\text { Stock issuances } & 2,000
\end{array}$$ 
If the beginning equity for the year was $173,000,calculate the ending equity for Mason Company.

Quizplus · Accepted Answer

The Answer of The accounts of Mason Company at the end of the past year report the following amounts:
 $$\begin{array} { l r } 
\text { Accounts } & \text { Amount } \
\hline \text { Dividend } & \$ 15,500 \
\text { Reveruses } & \$ 97,000 \
\text { Expenses } & \$ 43,800 \
\text { Stock issuances } & 2,000
\end{array}$$ 
If the beginning equity for the year was $173,000,calculate the ending equity for Mason Company.

The Accounts of Mason Company at the End of the Past