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In the Current Year the Budget Hotel Earned $100,000 Profit

Question 13

Multiple Choice

In the current year the Budget Hotel earned $100,000 profit. Its assets increased by $140,000 and its liabilities increased by $50,000. What was the value of the owners' capital contribution or dividend paid during the year?


A) $20,000 dividend paid.
B) Contribution of $20,000.
C) $10,000 dividend paid.
D) Contribution of $10,000.
E) None of the above.

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