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Business, 02.11.2020 17:00 sarahbennett11p4yxlb

Blair Scott started a sole proprietorship by depositing $29,000 cash in a business checking account. During the accounting period the business borrowed $12,000 from a bank, earned $3,600 of net income, and Scott withdrew $4,800 cash from the business. Based on this information, at the end of the accounting period Scott’s capital account contained a balance of:

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