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What additional investments placed by the owner amount to

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Problem 1: Assets and liabilities started with balances of P75,000 and P25,000, respectively. By the end of the year, assets doubled while liabilities were reported at 150% of the year-end balance of capital which in turn was a 20% increase from its beginning balance. If operations were favorable with a resulting figure of P25,000 but the owner made withdrawals during the year amounting to P40,000, then additional investments placed by the owner amount to

Reference no: EM133010369

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