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At January 1 2016 Croc Industries Reported Owner's Capital of $140000

Question 141

Multiple Choice

At January 1 2016 Croc Industries reported owner's capital of $140000. During 2016 Croc had a net loss of $30000 and owner drawings of $15000. At December 31 2016 the amount of owner's capital is


A) $ 95000.
B) $110000.
C) $125000.
D) $155000.

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