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The worksheet of B ridgets Office Supplies contains the following revenue, cost, and expense accounts. The merchandise entor

The worksheet of Bridgets Office Supplies contains the following owners equity accounts. No additional investments were mad

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Answer #1
Statement of Owner's equity:
Beginning balance of capital 62060
Add: Net income for the year 47795
Less: Drawings for the year -41050
Net increase during the period 6745
Ending balance of capital 68805
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