Solved: At january 1 2016 burton industries reprted stockholders, Accounting Basics

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At january 1 2016 burton industries reprted stockholders

Problem

At january 1, 2016, Burton Industries reprted stockholders equity of $ 130,000, Duting 2016 , the cpmpany had a net loss of $ 30,000 and paid dividends of $ 20,000. At December 31,2016. What is the amount of the stockholders equity.

A- $130,000

B- 140000

C-100000

D-80000.

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Accounting Basics: At january 1 2016 burton industries reprted stockholders

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Accounting Basics: At january 1 2016 burton industries reprted stockholders

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