The owners equity at the beginning of the period was 46000, Ask an Expert

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The owners equity at the beginning of the period was $46,000 at the end of the period, assets were $99,000 and liabilities were $22,000. if the owner made an additional investment of $10,000 and withdrew $8,000 during the period, what is the net income or (net loss) for the period?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9968725

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