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Q: The beginning capital balance shown on a statement of owner's equity is $100,000. Net income for the period is $50,000. The owner withdrew $25,000 cash from the business and made no additional
investments during the period. The owner's capital balance at the end of the period is: $175,000 $150,000 $125,000 $100,000
A: Benito's owner's equity at the end of the year was $255,000.
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User: The beginning capital balance shown on a statement of owner's equity is $100,000. Net income for the period is $50,000. The owner withdrew $25,000 cash from the business and made no additional investments during the period. The owner's capital balance at the end of the period is: $175,000 $150,000 $125,000 $100,000

Weegy: Benito's owner's equity at the end of the year was $255,000.
chikaygoods|Points 70|

User: Which of the following is not a current asset? (Points : 5) Accounts Receivable Prepaid Insurance Merchandise Inventory Equipmen

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Asked 7/5/2012 5:40:33 PM
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