Tyrone Gonzales started a sole proprietorship by depositing exist30,000 cash in a business checking account....
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Accounting
Tyrone Gonzales started a sole proprietorship by depositing exist30,000 cash in a business checking account. During the accounting period the business earned exist16,000 of net income and Gonzales withdrew exist10,000 cash from the business. Based on this information, at the end of the accounting period, Gonzales' capital account contained a balance of: exist28,000 exist36,000 exist32,000 exist34,000
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