Current Income of Mr. George


My question is about the stake of George. Where is the $25,000 US coming from? Because if we add up the equity which was $15,000 US plus the income received from the wedding the total is $25,500. Can you please explain little bit more?


Comments for Current Income of Mr. George

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by: Anonymous

You are off by $500 because you are leaving off the transaction for $500 where George took a draw to buy a birthday present which decreased assets and equity.

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