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20. Bayler Enterprises had a capital balance of $186,000 at the be- ginning of the period. At the end of the accounting period, the
20. Bayler Enterprises had a capital balance of $186,000 at the be- ginning of the period. At the end of the accounting period, the capital balance was $189,000. a. Assuming no additional investment or withdrawals during the period, what is the net income for the period? b. Assuming an additional investment of $13,000 but no withdraw- als during the period, what is the net income for the period?
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
6th edition
0-07-786223-6, 101259095592, 13: 978-0-07-7, 13978125909559, 978-0077862237
