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Dover Services provides the following financial data. If the owner contributes $14,500 and the net income is $22,800, how much did the owner withdraw during the year? Beginning Year End of Year Assets Liabilities of $35,000 $21,000 $82,000 $47.000

Dover Services provides the following financial data. If the owner contributes $14,500 and the net income is $22,800, how much did the owner withdraw during the year? Beginning Year End of Year Assets Liabilities of $35,000 $21,000 $82,000 $47.000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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How much did the owner withdraw during the year?

Dover Services provides the following financial data. If the owner contributes $14,500 and the net income is $22,800, how much did the owner withdraw during the year? Beginning Year End of Year Assets Liabilities of $35,000 $21,000 $82,000 $47.000
Transcribed Image Text:Dover Services provides the following financial data. If the owner contributes $14,500 and the net income is $22,800, how much did the owner withdraw during the year? Beginning Year End of Year Assets Liabilities of $35,000 $21,000 $82,000 $47.000
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