The Beginning Capital Balance Shown on a Statement of Owner's

question 12

Multiple Choice

The beginning capital balance shown on a statement of owner's equity is $100,000.Net income for the period is $50,000.The owner withdrew $25,000 cash from the business and made no additional investments during the period.The owner's capital balance at the end of the period is

• A) $175,000.
• B) $150,000.
• C) $125,000.
• D) $100,000.

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Definitions:

Social Therapists

professionals who use therapeutic techniques within a social framework to improve individuals' mental health and interpersonal relationships by focusing on social dynamics and support systems.

Business Managers

Individuals responsible for overseeing and directing the operations within a business to meet its goals.

Psychological Disorders

Mental disorders comprising various psychological symptoms that cause significant distress or impairment in social, occupational, or other important activities.

Community Programs

Organized efforts within a community designed to promote the health, well-being, and societal integration of its members.