Elance Exams Answers PDF file

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Download PDF file of elance Zoho Creator Exam Answers

If beginning capital was $25,000, ending capital is $37,000, and the owner's withdrawals were $23,000, the amount of net income or net loss for the period was:

Net loss of $35,000
Net income of $35,000
Net loss of $14,000
Net income of $14,000
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