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Assets and liabilities at the beginning of the period were $100,000 and $60.000, respectively. Assets and liabilities at the end of the period were $175,000
Assets and liabilities at the beginning of the period were $100,000 and $60.000, respectively. Assets and liabilities at the end of the period were $175,000 and $105.000, respectively. Withdrawals by the owner during the period were $15,000 and there was no investment by the owner during the period The income during the period was Fill in the blank 45, 000 Assets, Beginning of Period 12,000 Liabilities, Beginning of Period 5,000 Assets, End of Period 23,000 Liabilities, End of Period 9,000 Investment by Owner 10,000 Revenues 99,000 Withdrawals by Owner 0 Solve for the expenses incurred during the period. Fill in the blank X 31, 000
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