If the Beginning Balance of Equity Is $82 000,the Ending

question 23

Multiple Choice

If the beginning balance of equity is $82 000,the ending balance is $37 000,and the loss for the period is $33 000,how much did the owner withdraw during the period for personal use?

• A) $78 000
• B) $49 000
• C) $45 000
• D) $12 000

---

Definitions:

Technology Use

The use of scientific understanding in practical applications, particularly within industry and daily activities.

Sales

The exchange of a commodity or service for money; the action of selling something.

Human Skill

The ability to work well with others, often considered essential for effective management and team collaboration.

Principle of Reciprocity

A social norm suggesting that a favor done for someone should be reciprocated by them in the future.