Beginning balance in Capital is $10 000. Revenues are $200 000. Expenses are $120 000. Drawings are $4 000. The ending balance in Capital is $90 000.
Correct Answer:
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Q44: Accounts receivable is a permanent account.
Q45: Drawings is a permanent account.
Q49: Supplies is a temporary account.
Q51: Which of the following does NOT appear
Q53: Beginning balance in Capital is $80 000.
Q59: Beginning balance in Capital is $80 000.
Q60: Beginning balance in Capital is $10 000.
Q61: Which of the following accounts will be
Q66: Depreciation expense is a temporary account.
Q72: Service revenue is a permanent account.
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