On a statement of owner's equity, beginning capital is $43,000, Net Income for the year is $17,500
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Question:
On a statement of owner's equity, beginning capital is $43,000, Net Income for the year is $17,500 and Drawing for the year is $7,300, the ending capital amount would be:
1). $67,800
2). $43,000
3). $53,200
4). $32,800
Expert Answer:
Related Book For 
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
Posted Date:
