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The closing capital account balance of a business as of 30 June is $145000. The opening capital account balance on 1 June was $120000. The
The closing capital account balance of a business as of 30 June is $145000. The opening capital account balance on 1 June was $120000. The drawings balance closed off to the capital account was $8000. What was the profit or loss summary balance (profit for the period) closed off to the capital account? O a. $25000. O b. $17000. O c. $33000. O d. $8000
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