The owner of a business introduced new capital of 15,000 during the year and withdrew a monthly
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The owner of a business introduced new capital of €15,000 during the year and withdrew a monthly salary of €2,000. If the net assets at 1 January 2008 and 31 December 2008 were €85,000 and €73,000 respectively, what profit or loss was made by the business in 2008?
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Related Book For 
Financial Accounting A Practical Introduction
ISBN: 9780273714293
1st Edition
Authors: Ilias Basioudis
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