P600,000 additional investment during the year. Based on the Statement of Profit or Loss, net income for the year was P1
Posted: Tue Jul 05, 2022 1:38 pm
P600,000 additional investment during the year. Based on the Statement of
Profit or Loss, net income for the year was P120,445. The Owner's Capital
ending balance is P300,000. How much money did the owner withdraw from
the business?
Profit or Loss, net income for the year was P120,445. The Owner's Capital
ending balance is P300,000. How much money did the owner withdraw from
the business?