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Jenna brought in $25,000 to her startup firm at the beginning of the year. During the year, she withdrew $2,500 for her personal expenses. The business earned $10,000 at the end of the accounting period after paying off all its expenses. What is the value of Jenna’s capital account at the end of the accounting year?

User Nubela
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1 Answer

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I believe the answer is D for Plato $32,500