Question: Nay31, 2014 Assets =199000May 31 ,2016 Liabilities =99000June 30, 2014 Asets 245000June 30 20...Nay
31, 2014 Assets =199000

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Question: Nay 31, 2014 Assets =199000 May 31 ,2016 Liabilities =99000 June 30, 2014 Asets 245000 June 30 20…
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May 31 ,2016 Liabilities =99000

June 30, 2014 Asets 245000

June 30 2014 :iabilities =133000

For each of the following situations with regard to? owner’s
contributions and withdrawals of the? business, compute the amount
of net income or net loss during June

20142014.

?(Use a minus sign or parentheses for a net? loss.)

a. The owner contributed

$ 15 comma 000$15,000

in the business and made no withdrawals.

Net income? (loss) =

?$nothing

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