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Author Question: The beginning capital balance is $4,350, there are no additional investments but the owner did ... (Read 90 times)

HudsonKB16

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The beginning capital balance is $4,350, there are no additional investments but the owner did withdraw $500 during the accounting period. The period's revenue is $5,000 and expenses total $6,500. What is the ending capital balance (after closing entries)?
◦ $5,350
◦ $2,850
◦ $2,350
◦ $5,850


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Marked as best answer by HudsonKB16 on Nov 10, 2019

gasdhashg

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HudsonKB16

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Reply 2 on: Nov 10, 2019
:D TYSM


Perkypinki

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Reply 3 on: Yesterday
Wow, this really help

 

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