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Shep Company's records show the following Information for the current year. Determine net Income (loss) for each of the following separate sltuations. Note: For all
Shep Company's records show the following Information for the current year. Determine net Income (loss) for each of the following separate sltuations. Note: For all requirements, losses should be entered with a minus sign. a. Additional owner Investments of $3,800 were contributed, and withdrawals of $7,800 were made durlng the current year. b. Additional owner Investments of $15,200 were contributed, and no wlthdrawals were made durlng the current year. c. No additional owner Investments were contributed, and withdrawals of $12,800 were made durlng the current year
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