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Author Question: Determine the ending Capital balance of a business having:Beginning Capital of $40,000No investments ... (Read 58 times)

Lobcity

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Determine the ending Capital balance of a business having:
Beginning Capital of $40,000
No investments or withdrawals
Beginning inventory of $10,000
Net Purchases of $90,000
Ending inventory of $12,000
Operating expenses of $72,000
Net sales $180,000


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Marked as best answer by Lobcity on Nov 11, 2019

hanadaa

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Lobcity

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Reply 2 on: Nov 11, 2019
YES! Correct, THANKS for helping me on my review


helenmarkerine

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Reply 3 on: Yesterday
:D TYSM

 

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