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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