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  3. the beginning capital balance shown on a statement

The beginning capital balance shown on a statement of owner's equity is $240,000. Net income...

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Accounting

The beginning capital balance shown on a statement of owner's equity is $240,000. Net income for the period is $64,000. The owner withdrew $32,000 cash from the business and made no additional investments during the period. The owner's capital balance at the end of the period is

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