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In year 2016, your opening net worth was $14,000 and total capital items was $7,000....

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Question

Accounting

In year 2016, your opening net worth was $14,000 and total capital items was $7,000. Your personal income statement for 2016 showed a deficit of $3,000. What is your net worth as at December 31, 2016?

a.

18000

b.

21000

c.

24000

d.

17000

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