Short Answer
Determine the ending Capital amount of a business having:
Beginning Capital amount of $25,000
Withdrawals of $ 2,500
Net sales of $250,000
Net purchases of $85,000
Freight-in of $2,000
Beginning inventory of $6,000
Ending inventory of $7,000
Operating expenses of $ 30,000
$ ________
Correct Answer:
Verified
Correct Answer:
Verified
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