Mary Jessicas capital statement reveals that her drawings during the year were $49,500. She made an additional
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Mary Jessica’s capital statement reveals that her drawings during the year were $49,500. She made an additional capital investment of $24,000 and her share of the net loss for the year was $10,600. Her ending capital balance was $2,03,000. What was Jessica’s beginning capital balance?
Related Book For
Accounting What the Numbers Mean
ISBN: 978-0078025297
10th edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele
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