Question

A business had the following amounts of assets and liabilities at the beginning and end of a recent year:
Beginning of the year
End of the year
Assets
$ 75,000
120,000
Liabilities
$30,000
46,000
Determine the profit earned or net loss incurred by the business during the year under each of the following unrelated assumption
a. The owner made no additional investments in the business and withdrew no assets during the year.

Answer 1

Answer:

$10000

Explanation:

i can not determine your question