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What the amount of net income or net loss

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Reference no: EM132943698

Question - If beginning capital was RM25,000. ending capital is RM40,000, and the owner's withdrawals were RM 25,000, what the amount of net income or net loss?

a. Net income RM15,000

b. Net lost RM40,000

c. Net income RM40,000

d. Net loss RM5,000

Reference no: EM132943698

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