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Business, 02.03.2020 21:10 kyliegriffis

Brief Exercise 163 Southern Skiles Co. had beginning capital balances on January 1, 2020, as follows: Patty Sharp $30,000 and Jim O'Connor $25,000. During the year, drawings were Sharp $15,000 and O'Connor $8,000. Net income was $40,000, and the partners share income equally Prepare the partners' capital statement for the year.

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Brief Exercise 163 Southern Skiles Co. had beginning capital balances on January 1, 2020, as follows...
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