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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?

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5 votes

Answer:

Total is $32,500

User Spencer Hall
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6 votes

25000-2500=22500

22500+10000 =32500

User Jacob Budin
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