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At September 1 2016 Hotel Suites Co

Question 144

Multiple Choice

At September 1 2016 Hotel Suites Co. reported owner's capital of $147000. During the month Hotel Suites generated revenues of $48000 incurred expenses of $26000 purchased equipment for $5000 and withdrew cash of $3000. What is the amount of owner's capital at September 30 2016?


A) $161000
B) $166000
C) $169000
D) $171000

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