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Business, 04.09.2020 22:01, gymnast5464
During its first year of operations, Anthony Lupa set up Lupo Inc. and invested $15,000 in the corporation. The company earned $35,000 of revenues and incurred $23,000 of expenses. A cash dividend of $2,000 was paid to Anthony. At the end of the year, the company's equity totaled:.a. $13,000b. $15,000c. $25,000d. $75,000
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During its first year of operations, Anthony Lupa set up Lupo Inc. and invested $15,000 in the corpo...
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