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The Brownstone, Capital account for Joe Brownstone, owner of Brownstone Company, had the following transactions for November: an additional capital contribution of $26,000 on November
The Brownstone, Capital account for Joe Brownstone, owner of Brownstone Company, had the following transactions for November: an additional capital contribution of $26,000 on November 1 and an additional capital contribution of $26,000 on November 15. Assuming a beginning balance in Brownstone, Capital account was $16,000, what is the balance in Brownstone, Capital account as of November 15? A. $68,000 Debit B. $42,000 Credit C. $42,000 Debit D. $68,000 Credit
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