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A sole proprietorship had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the
A sole proprietorship had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $103,500 148,500 Liabilities $44,370 60,143 Determine the net profit earned or net loss incurred by the business during the year for each of the following separate cases (Omit the "$" sign in your response). Only in this question, Net loss amounts should be indicated by a minus sign. Owner made no investments in the business and no withdrawals were made during the year (Click to select b Owner made no investments in the business but withdrew $750 cash per month for personal use (Click to select) G. Owner mace withdrawals during the year but did invest an additional 545.000 cash (Click to select Click to selec
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