Income Balancing Amount Question




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    Income Balancing Amount Question

    by Quennie
    (Olongapo City, Philippines)

    Q: You are given the following figures:


    - Beginning capital of 200,000
    - Ending capital of 190,000
    - Additional investment 30,000 and
    - Personal withdrawal of 100,000

    How much is the net income/profit for the year?

    Thank you.

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