Q:

Jenner Company began the year with owners equity of $15,000. During the year, Jenner received additional owner investments of $21,000

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Jenner Company began the year with owner’s equity of $15,000. During the year, Jenner received additional owner investments of $21,000, recorded expenses of $60,000, and had owner drawings of $4,000. If Jenner’s ending owner’s equity was $46,000, what was the company’s revenue for the year?


  1. $70,000
  2. $74,000
  3. $91,000
  4. $95,000

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b. $74,000

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