This month Anna's company made $5,000 in revenue in the first two weeks and $9,000 in the
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This month Anna's company made $5,000 in revenue in the first two weeks and $9,000 in the last two weeks. The company's wages expense was $3,000 and utility expense was $800. Owner's capital at the beginning of the month was $1,000, and owner's drawings were $2,000. What is the owner's capital at the end of the month?
Related Book For
Fundamentals of Advanced Accounting
ISBN: 978-0077667061
5th edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
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