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At the start of its most recent financial year the owner's equity in a business was 31,000. At the end of the financial year it

At the start of its most recent financial year the owner's equity in a business was 31,000. At the end of the financial year it was 35,540. The owner made personal withdrawals totalling 10,780 from the business during the year. On the basis of this information, what was the profit of the the business for the year? 21 1.5 points Type your answer... Previous Next

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