polladots4680 polladots4680
  • 13-08-2020
  • Business
contestada

if N lekin's beginning capital balance shown on a statement of owner's equity is 100,000. net income for the period is

Respuesta :

andromache andromache
  • 14-08-2020

Answer:

$125,000

Explanation:

The computation of the owner's capital balance at the end of the period is shown below:-

Owner's Capital balance at the end = Capital balance in the beginning + Additional investments + Net Income - Withdrawals

= $100,000 + 0 + $50,000 - $25,000

= $125,000

Therefore for computing the owner's capital balance at the end we simply applied the above formula.

Answer Link

Otras preguntas

Substitution method 1) 3x + y = 7 4x + 2y = 16 2) 2x + 2y = 4 X - 2y = 0
How did the people of the French Revolution overthrow the government?
Robert has 12 coins totaling $1.45. None of his coins is larger than a quarter. Which of the following cannot be the number of quarters he has?
How do you factor k^2-k-56
What does it mean to say that momentum is conserved?
Skeletal muscles need a rich blood supply to provide them with a. oxygen. b. carbon dioxide. c. water. d. none of the above
The main difference among the types of symbiotic relationships is a. how many species either benefit or are harmed. b. how many species are eaten. c. how many sp
What is 3 square root of 24- 4 square root of 54
A wave with a large amplitude has a lot of             a.vibration  b.speed   c.energy
What is 3 square root of 24- 4 square root of 54