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47. Jerry's Butcher Shop had the following assets and liabilities at the beginning and end of the current year. Beginning of the year End of

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47. Jerry's Butcher Shop had the following assets and liabilities at the beginning and end of the current year. Beginning of the year End of the year Assets Liabilities $114.000 $68,000 135,000 73,000 If Jerry made no investments in the business but withdrew $5,000 during the year, what was the amount of net income earned by Jerry's Butcher Shop? 48. Jerry's Butcher Shop had the following assets and liabilities at the beginning and end of the

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