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11 - ABC Co. started the year with total assets 80, 000 TL and total liabilities of 40, 000 TL. During the year, the business
11 - ABC Co. started the year with total assets 80, 000 TL and total liabilities of 40, 000 TL. During the year, the business earned revenues of 120,000 TL and incurred expenses of 70,000 TL. Scott withdrew 60, 000 TL. What is the amount of Scott's capital balance at the end of the year? a) 40,000 20,000 b) c) 3742012 d)
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