Answered You can hire a professional tutor to get the answer.

QUESTION

On a statement of owners equity, beginning capital is $48,000, Net income for the year is $20,000 and drawing for the year is $78,000 the ending...

On a statement of owners equity, beginning capital is $48,000, Net income for the year is $20,000 and drawing for the year is $78,000 the ending capital amount would be:

Multiple Choice:

$60,200

$75, 800

$35,800

$48,000

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question