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The net income of Hendley company for the year is 25000. Withdrawal during the year were 30000. No new capitol contributions were made during the

The net income of Hendley company for the year is 25000. Withdrawal during the year were 30000. No new capitol contributions were made during the year. Which of the following statements is true

hendley, capitol account decreases by 25000

hendley capitol account decreases by 5000

hendley capitol account increases by 30000

hendley capitol will remain the same

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