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:

Corpus Luteum

A temporary endocrine structure in female ovaries that produces progesterone to support pregnancy in the early stages.

Ruptured Follicle

A follicle that has released its egg during ovulation, sometimes referring to the process that leads to the formation of the corpus luteum.

Endocrine Structure

Refers to any organ or gland in the body that secretes hormones directly into the blood rather than through a duct.

Oviduct

A tube through which an ovum or egg passes from an ovary, also known as the fallopian tube in females.