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After Closing the Revenue,expense,and Withdrawal Accounts,the Capital Increased by $2,000

Question 31

Multiple Choice

After closing the revenue,expense,and withdrawal accounts,the capital increased by $2,000.Which of the following situations could have occurred?

A) The company had a net income.
B) The owner invested an additional amount.
C) The owner made a withdrawal.
D) All of these answers are correct.

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