Your Ledger Accounts Have the Following Balances What Is the Balance of the Capital Account?
A)$ 275

question 20

Multiple Choice

Your ledger accounts have the following balances: $\begin{array}{|l|r|}\hline \text { Cash } & 15,000 \\\hline \text { Debtors } & 125,000 \\\hline \text { Creditors } & 92,000 \\\hline \text { Capital } & ? ? ? \\\hline \text { Equipment } & 175,000 \\\hline \text { Sales } & 289,000 \\\hline \text { Inventory } & 42,000 \\\hline \text { Drawings } & 22,000 \\\hline \text { Expenses } & 48,000 \\\hline \text { Cost of Sales } & 140,000 \\\hline\end{array}$ What is the balance of the Capital account?

• A)$ 275 000
• B)$ 138 000
• C)$186 000
• D)$243 000

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Definitions:

Leadership Strength

The inherent abilities or qualities that enable a leader to effectively guide and influence others.

Intimidation

The act of threatening or influencing someone through fear to compel or deter actions against their will.

Delegation

The assignment of authority and responsibility to another person to carry out specific activities while the person delegating retains the ultimate responsibility for the outcome.

Giving Orders

The act of commanding, directing, or instructing someone to do something.