Question
Statement of Changes in Owner's EquityBeginning Balance$5,000Net Income$12,000Drawings?Ending Balance$14,500 What is the total owner drawings in the statement of changes in owner's equity that Cindy
Statement of Changes
in Owner's EquityBeginning Balance$5,000Net Income$12,000Drawings?Ending Balance$14,500
What is the total owner drawings in the statement of changes in owner's equity that Cindy drafted for her grocery store, shown here?
- a.)
- $9,500
- b.)
- $17,000
- c.)
- $1,500
- d.)
- $2,500
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
13th edition
1111971633, 978-1111971632
