As of January 1, L. Moore, Capital had a credit balance of $24,100. During the year, withdrawals

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As of January 1, L. Moore, Capital had a credit balance of $24,100. During the year, withdrawals totalled $2,500 and the business had a net income of $10,500. Calculate the balance of S. Lawrence, Capital as of the end of the year.

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College Accounting A Practical Approach

ISBN: 9780135222416

14th Canadian Edition

Authors: Jeffrey Slater, Debra Good

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