Review problem of tyrone gonzales

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Reference no: EM132082334

Qusetion: Tyrone Gonzales started a sole proprietorship by depositing exist30,000 cash in a business checking account. During the accounting period the business earned exist16,000 of net income and Gonzales withdrew exist10,000 cash from the business. Based on this information, at the end of the accounting period, Gonzales' capital account contained a balance of?

Reference no: EM132082334

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Review problem of tyrone gonzales : Tyrone Gonzales started a sole proprietorship by depositing exist30,000 cash in a business checking account. During the accounting period the business earned.
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