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At October 1, Carole Enterprises reported owner's capital of $40,000. During October, the owner made additional investments of $4,000 and the company earned net income

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At October 1, Carole Enterprises reported owner's capital of $40,000. During October, the owner made additional investments of $4,000 and the company earned net income of $6,000. If owner's capital at October 31 totals $50,000, what amount of owner drawings were made during the month? $0 $3,000 $4,000 None of the above If current Assets decreased by $4,000, then Liabilities must have increased by $4,000. Equipment must have decreased by $4,000. Account payable must have increased by $4,000. None of the above

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