Question: Exercise 1 - 1 6 Determining proflt LO 6 , 7 CHECK FIGURE: b . $ 8 6 , 0 0 0 profit A business

Exercise 1-16 Determining proflt LO6,7
CHECK FIGURE: b. $86,000 profit
A business had the following amounts of assets and liabilities at the beginning and end of recent year:
\table[[,Assets,Liabilities],[Beginning of the year,$75,000,$30,000
Exercise 1-16 Determining proflt LO6,7 CHECK FIGURE: b. $86,000 profit A

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