Question
If the total debits on the expenses is $40,000 and the total credits are $70,000 and the owner made a drawing $5,000 during the year,
If the total debits on the expenses is $40,000 and the total credits are $70,000 and the owner made a drawing
$5,000 during the year, what is the profit for the year?
a. $30,000
b. 540,000
c. None of the above
d. $25,000
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Commercial Energy Auditing Referance Handbook
Authors: Steve Doty
1st Edition
0881736481, 978-0881736489
