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The beginning capital balance shown on a statement of owner's equity is $300,000. Net income for the period is $70,000. The owner withdrew $35,000 cash

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The beginning capital balance shown on a statement of owner's equity is $300,000. Net income for the period is $70,000. The owner withdrew $35,000 cash from the business and made no additional investments during the period. The owner's capital balance at the end of the period is Multiple Choice o O s335,000. o O s370,000. o $405,000. O s300,000 Prev 2 of 10 | Next search 9

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