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A company provides you with the following accounts and amounts: capital at the beginning period ($45,000), capital at the end of the period ($40,000) and
A company provides you with the following accounts and amounts: capital at the beginning period ($45,000), capital at the end of the period ($40,000) and capital withdrawn by owner during the period ($15,000). Based on these figures, what is profit for the year? (a) (b) (c) (d) $20,000 $5,000 $15,000 $10,000 
A company provides you with the following accounts and amounts: capital at the beginning period ($45,000), capital at the end of the period ($40,000) and capial withdrawn by owner during the period ($15,000). Based on these figures, what is profit for the year? (a) $20,000 (b) $5,000 (c) $15,000 (d) $10,000
A company provides you with the following accounts and amounts: capital at the beginning period ($45,000), capital at the end of the period ($40,000) and capital withdrawn by owner during the period ($15,000). Based on these figures, what is profit for the year? (a) (b) (c) (d) $20,000 $5,000 $15,000 $10,000
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