Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: Fast2F on Jun 5, 2017



Title: If beginning capital was $120,000, ending capital is $90,000, and the owner's withdrawals were ...
Post by: Fast2F on Jun 5, 2017
If beginning capital was $120,000, ending capital is $90,000, and the owner's withdrawals were $15,000, the amount of net income or net loss was:
A) net loss of $15,000.
B) net income of $5,000.
C) net income of $15,000.
D) net loss of $5,000.


Title: Re: If beginning capital was $120,000, ending capital is $90,000, and the owner's withdrawals were ...
Post by: Laffio on Jun 5, 2017
Content hidden


Title: Re: If beginning capital was $120,000, ending capital is $90,000, and the owner's withdrawals were ...
Post by: Fast2F on Jul 18, 2017
I was skeptical at first but decided to give this a try.

Happy I did, you guys are so smart