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6) Based on the following information, determine the capital as of December 31, 19X8: Net income for period, $18,000; Drawing, $6,000; capital (January 1, 19X8),
6) Based on the following information, determine the capital as of December 31, 19X8: Net income for period, $18,000; Drawing, $6,000; capital (January 1, 19X8), $20,000
7) Based on the following information, determine the capital as of December 31, Capital (January 1), $26,000; Net income, $18,000; Drawing, $20,000
8) Based on the following information, determine the capital as of December 31, Capital (January 1) $30,000; Net loss for period, $18,000; Drawing, $4,000
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