Question
The single proprietorship reported the following changes during the year: Increase in total assetsP250,000 Decrease in total liabilities 160,000 Additional investments to the business 50,000
The single proprietorship reported the following changes during the year: Increase in total assetsP250,000 Decrease in total liabilities 160,000 Additional investments to the business 50,000 Drawings during the year 20,000 The business income during the year is
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Principles Of Accounting
Authors: Steven M. Bragg
1st Edition
1642210773, 978-1642210774
