Calculate the beginning owners equity for the year


On December 31,if net income equals $15,000 and the ending owner's equity is $20,000 and Forbes invested an additional $2,600 in his business, while withdrawing $6,000 during the year, the beginning owner's equity for the year was?

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Accounting Basics: Calculate the beginning owners equity for the year
Reference No:- TGS0673850

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