Solution-What the owner capital balance at the end of the

What the owner capital balance at the end of the period

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Question - The beginning capital balance shown on a statement of owner's equity is $70,000. Net income for the period is $20,000. The owner withdrew $28,000 cash from the business and made no additional investments during the period. What the owner's capital balance at the end of the period?

Reference no: EM133154546

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What the owner capital balance at the end of the period

Reference no: EM133154546

Reference no: EM133154546

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