Solution-What amount of owner drawings were made during the

What amount of owner drawings were made during the month

Reference no: EM132024026

Question - At October 1, Flambo Company reported owner's equity of $70,000. During October, no additional investments were made and the company earned net income of $18,000. If owner's equity at October 31 totals $80,000, what amount of owner drawings were made during the month?

$8,000

$26,000

$10,000

Reference no: EM132024026

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What amount of owner drawings were made during the month

Reference no: EM132024026

Reference no: EM132024026

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