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Stahl consulting started the year with total assets of

Question - Stahl Consulting started the year with total assets of $60,000 and total liabilities of $15,000. During the year, the business recorded $48,000 in catering revenues and $30,000 in expenses. Stahl made an additional investment of $9,000 and withdrew cash of $15,000 during the year. How much is their net income?

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Accounting Basics: Stahl consulting started the year with total assets of

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