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The Statement of Owner's Equity Is Calculated as Follows

Question 3

Multiple Choice

The Statement of Owner's Equity is calculated as follows:


A) beginning capital + net income - withdrawals + additional investments = ending capital
B) beginning capital + net loss + withdrawals + additional investments = ending capital
C) beginning capital + net loss - withdrawals + additional investments = ending capital
D) beginning capital + net income + withdrawals + additional investments = ending capital

Correct Answer:

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