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A business has net assets of $60,000 at the beginning of the year and $90,000 at the end of the year. Drawings were $30,000 and
A business has net assets of $60,000 at the beginning of the year and $90,000 at the end of the year. Drawings were $30,000 and a lottery win of $5,000 was paid into the business during the year. What was the profit for the year? 2 points Your answer
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