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Business, 23.08.2021 22:30 blognero

Statement of charges in owner's equity Beginning Balance $5,000
Net Income $12,000
Drawings ?
Ending Balance $14,500

What is the total owner drawings in the statement of changes in owner's equity that Cindy drafted for her grocery store, shown here?

a. $17,000
b. $1,500
c. $9,500
d. $2,500

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Statement of charges in owner's equity Beginning Balance $5,000
Net Income $12,000
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