At the start of the year, Rahman Marketing had total assets of RM450,000 and owner’s equity of RM192,000. During the year, assets increased by RM72,000 whereas liabilities decreased by RM84,000. Owner’s equity at the end of the year was

At the start of the year, Rahman Marketing had total assets of RM450,000 and owner’s equity of RM192,000. During the year, assets increased by RM72,000 whereas liabilities decreased by RM84,000. Owner’s equity at the end of the year was

Name: At the start of the year, Rahman Marketing had total assets of RM450,0
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Description: At the start of the year, Rahman Marketing had total assets of RM450,000 and owner’s equity of RM192,000. During the year, assets increased by RM72,000 whereas liabilities decreased by RM84,000. Owner’s equity at the end of the year was

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter2: Analysis Of Financial Statements

Section: Chapter Questions

Problem 16PROB

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