Business, 25.11.2019 20:31 shay68596

At the beginning of 2009, a company's balance sheet reported the following balances: total assets = $125,000; total liabilities = $75,000; and owner's capital = $50,000. during 2009, the company reported revenues of $46,000 and expenses of $30,000. in addition, owner's withdrawals for the year totaled $20,000. assuming no other changes to owner's capital, the balance in the owner's capital account at the end of 2009 would be:

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