Lord's Stationery started the year with total assets of $60000 and total liabilities of $25000. During the

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Lord's Stationery started the year with total assets of $60000 and total liabilities of $25000. During the year, the business had a loss of $6000, the owner withdrew $2000, and during the year the owner made an additional investment of $4000 in the business. The capital balance for Lord's Stationery at the end of the year was

Posted Date: May 19, 2024 04:10 PM

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Lord's Stationery started the year with total assets of $60000 and total liabilities of $25000. During the

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