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Jardin plc had a capital balance of 186,000 at the beginning of the period. At the end of the accounting period, the capital balance was 189,000.a. Assuming no additional investment or withdrawals during the period, what is the net income for the period?b. Assuming an additional investment of 13,000 but no withdrawals during the period, what is the net income

Chapter 1, Questions #20

Jardin plc had a capital balance of £186,000 at the beginning of the period. At the end of the accounting period, the capital balance was £189,000.
a. Assuming no additional investment or withdrawals during the period, what is the net income for the period?
b. Assuming an additional investment of £13,000 but no withdrawals during the period, what is the net income for the period?

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Related Book For answer-question
Accounting Principles

Accounting Principles

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

ISBN: 978-1119419617

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