Using the accounting equation Berlin Company starts the year with 100000 in assets and 80000 in liabilities Net income for the year is 25000 and no dividends are paid Calculate owner's equity?

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Answers.com > Wiki Answers > Categories > Business and Finance > Using the accounting equation Berlin Company starts the year with 100000 in assets and 80000 in liabilities Net income for the year is 25000 and no dividends are paid Calculate owner's equity?