The Ending Balance of Owner's Capital Is Calculated as

question 42

Multiple Choice

The ending balance of owner's capital is calculated as

• A)Assets plus liabilities.
• B)Owner's capital account balance minus loss plus the withdrawals account balance.
• C)Profit minus the withdrawals account balance.
• D)Owner's capital account balance plus profit minus the withdrawals account balance.
• E)None of these answers is correct.

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Definitions:

Black Politics

Refers to the political movements, ideologies, and efforts directed towards advocating for the rights, equality, and empowerment of Black or African-American communities.

White League

A white supremacist paramilitary group in the United States during the Reconstruction era, which aimed to overthrow Republican state governments in the South and restore white Democrats to power.

Klan

Refers to various secret factions, historically the Ku Klux Klan, known for promoting white supremacy, racism, and terrorizing minorities.