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Bandu Company's Accounts with the Increases or Decreases That Occurred

Question 139

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Bandu Company's accounts with the increases or decreases that occurred during this year are as follows:
Bandu Company's accounts with the increases or decreases that occurred during this year are as follows: Except for Profit, an investment of $4,000, and a withdrawal of $12,000, no other items affected the capital account during the year. Using the balance sheet equation, calculate Profit for this year. Except for Profit, an investment of $4,000, and a withdrawal of $12,000, no other items affected the capital account during the year. Using the balance sheet equation, calculate Profit for this year.

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