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What is the balance on his capital account

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Question - At the beginning of the year 2016, the balance on Toni's capital account was R35 869. During the year Toni made drawings of R17 800 and the net profit for the year was R18 700. Assuming these were the only transactions Toni entered into in 2016, what is the balance on his capital account at the end of the 2016?

Reference no: EM132712523

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