At January 1, 2008, Burton Industries reported owner's equity of $130,00o. During 2008, Burton had a net loss of $30,000 and owner drawings of $20,000. At December 31, 2008, the amount of owner's...


At January 1, 2008, Burton Industries<br>reported owner's equity of $130,00o. During<br>2008, Burton had a net loss of $30,000 and<br>owner drawings of $20,000. At December<br>31, 2008, the amount of owner's equity is<br>O P130,000.<br>O P140,000.<br>O P100,000.<br>O P80,000.<br>

Extracted text: At January 1, 2008, Burton Industries reported owner's equity of $130,00o. During 2008, Burton had a net loss of $30,000 and owner drawings of $20,000. At December 31, 2008, the amount of owner's equity is O P130,000. O P140,000. O P100,000. O P80,000.

Jun 09, 2022
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