• 2022-05-31
    During
    one accounting period Asia Mining had capital contributions of
    $60,000, assets increased by $90,000, liabilities increased by
    $40,000, revenues were $80,000 and net profit was $20,000. The owners
    must therefore have withdrawn____()
    A: $10,000.
    B: $30,000.
    C: $40,000.
    D: $70,000.