Question
Delta Company has a beginning owners equity balance of $110,000 at January 1, 2017. During 2017, owners equity increased by $39,000. Also during the year,
Delta Company has a beginning owners equity balance of $110,000 at January 1, 2017. During 2017, owners equity increased by $39,000. Also during the year, owners made investments of $15,000 and withdrawals of $5,000. What was net income for 2017
$19,000
$39,000
$29,000
$14,000
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Auditing Principles
Authors: Nformi Eugene Tawe
1st Edition
3330651032, 978-3330651036
