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13-12-2022
Business

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The net income of Harriet Company for the year is $25,000. The owner made withdrawals during the year of $30,000. Which of the following statements is true?A. Owner, Capital account increases by $30,000.B. Owner, Capital will remain the same.C. Owner, Capital account decreases by $5,000.D. Owner, Capital account decreases by $25,000.

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