The starting capital of Bush Enterprise was $250 000. During the year the $56 000 was taken

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The starting capital of Bush Enterprise was $250 000. During the year the $56 000 was taken as drawings. If the closing capital is $367 000.

What is the profit or loss for the year?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jul 11, 2023 02:20 AM

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The starting capital of Bush Enterprise was $250 000. During the year the $56 000 was taken

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Income Tax Fundamentals 2013

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