Friday, April 14, 2006

I will give a free movie ticket(any movie) to anyone who can answer and explain this question to me.



Assume that for one accounting period there were no contributions of capital, liabilities increased by $8,362, assets increased by $18,910, expenses were $11,414 and net profit was $22,736. The owner must therefore have withdrawn: (answer by keying in numbers only, no spaces, no commas, no dollar sign, etc)


ANS: 12188

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