Question
Use the following information to determine Ending Capital or Ending Owners? Equity? Beginning Capital is? $10,000, Withdrawls are? $5,000, Revenue is? $20,000, Net Income is?
Use the following information to determine Ending Capital or Ending Owners? Equity?
Beginning Capital is? $10,000, Withdrawls are? $5,000, Revenue is? $20,000, Net Income is? $25,000, Total Liabilities are? $66,000 and Total Assets are? $100,000.
A.
?$30 000
B.
?$25 000
C.
?$20 000
D.
?$5, 000
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Financial Accounting Version 3.0
Authors: Leah Kratz, Joe Ben Hoyle, C. J. Skender
3rd Edition
1453392904, 9781453392904
