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Answer to Question #110497 in Accounting for Nhlanhla
Question #110497
At the beginning of the year 2016,the balance on the Toni's capital account was R35869 during the year Toni made drawings of R17800 and the net profit for the year was R18700. assuming these were the only transactions Toni entered into 2016,what is the balance on his capital account at the end of the 2016?
Expert's answer
18069=35869-17800
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