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At the end of the accounting period, but before the closing entries have been recorded, Harry, the proprietor of Harry's Bar and Grill, has a
At the end of the accounting period, but before the closing entries have been recorded, Harry, the proprietor of Harry's Bar and Grill, has a debit of $36,750 in his drawing account and a credit of $189,300 in his capital account. If his capital account has a credit balance of $208,900 after the closing, what was his net income? |
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