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Owner's Equity at the Start of the Period Is $35,000;

Question 54

Multiple Choice

Owner's equity at the start of the period is $35,000; net income for the period is $30,000; the total investments by the owner is $15,000; and total withdrawals by the owner is $5,000.The owner's equity at the end of the period is


A) $80,000.
B) $75,000.
C) $85,000.
D) $40,000.

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