On a Statement of Owner's Equity,beginning Capital Is $30,000,Net Income

question 102

Multiple Choice

On a statement of owner's equity,beginning capital is $30,000,Net Income for the year is $11,000 and Drawing for the year is $6,000,the ending capital amount would be

• A) $30,000.
• B) $35,000.
• C) $47,000.
• D) $25,000.

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