The beginning balance in the Woodlands, Capital account of Woodlands Technologies Company was $74,000. The...
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The beginning balance in the Woodlands, Capital account of Woodlands Technologies Company was $74,000. The revenues and expenses amounted to $55,000 and $43,000, respectively. During the year, the owner did not make withdrawals or capital contributions. The Woodlands, Capital account will have $129,000 at the end of the year. O True
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