=+5. If revenue was $45,000, expenses were $37,500, and the owners withdrawals were $10,000, the amount of
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=+5. If revenue was $45,000, expenses were $37,500, and the owner’s withdrawals were $10,000, the amount of net income or net loss would be:
A. $45,000 net income. C. $37,500 net loss.
B. $7,500 net income. D. $2,500 net loss.
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