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7. At October 1, Smithson Enterprises reported owner's equity of $35,000. During October no additional investments were made and the company earned net income of

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7. At October 1, Smithson Enterprises reported owner's equity of $35,000. During October no additional investments were made and the company earned net income of $4.000. If owner's equity at October 31 totals $32,000, what amount of owner d during the month? A) S0 rawings was m B) $1.000

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