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Determine the johnsons capital balance at the end of year

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Reference no: EM132818170

Question - Johnsons car repair shop started the year with total assets of 90000 and total liabilities of 60000. During the year the business recorded $150000 in car repair revenues and $85000 in expense and Mr Johnson withdrew $15000. Determine the Johnsons capital balance at the end of the year?

Reference no: EM132818170

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