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    Accounting Business Reporting Study Set 1
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    Exam 6: Statement of Profit or Loss and Statement of Changes in Equity
  5. Question
    If the Beginning Balance of Equity Is $82 000,the Ending
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If the Beginning Balance of Equity Is $82 000,the Ending

Question 23

Question 23

Multiple Choice

If the beginning balance of equity is $82 000,the ending balance is $37 000,and the loss for the period is $33 000,how much did the owner withdraw during the period for personal use?


A) $78 000
B) $49 000
C) $45 000
D) $12 000

Correct Answer:

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