Question
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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Ethics in Accounting A Decision Making Approach
Authors: Gordon Klein
1st edition
1118928334, 978-1118928332
