contestada

If beginning capital was $110,000, ending capital was $95,000, and the owner’s withdrawals were $10,000, the amount of net income or net loss was a

Respuesta :

BlackBriarMead
$5,000 because $95000 (the ending capital) + the withdrawals ($10000) only equals 105k, which means 5k was lost.
5000 was lost G


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