Question
Team boo Company's owner equity at the beginning of August 2020 was OMR 750,000. During the month, the company earned net income of OMR 175,000
Team boo Company's owner equity at the beginning of August 2020 was OMR 750,000. During the month, the company earned net income of OMR 175,000 and owner's drawings were OMR75,000. At the end of August 2020.
What is the balance in owner's equity?
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Financial Accounting Information For Decisions
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