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What are the products from the following reaction?
Statement Of Owner's Equity
A financial document showing the changes in the owner's equity of a company over a specific period, including investments, withdrawals, and profits or losses.
Beginning Capital Balance
The beginning capital balance is the amount of capital or equity in a company at the start of an accounting period, before any transactions for the period have been recorded.
Ending Capital Balance
The amount of capital a company or individual has at the end of a financial period.
Withdrawals
Amounts taken out from a business by its owner(s) for personal use, reducing the owner's capital account.
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