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gOOvER gOOvER
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6 years ago
The owner's capital account has a January 1, 2014, balance of $59,000. The owner's withdrawals account has a balance of $25,600 for the year ending December 31, 2014. The income summary account contains a debit for $20,500 and a credit for $56,900. The balance in the owner's capital account on December 31, 2014, is:
A) $69,800.
B) $3,000.
C) $33,400.
D) $84,600.
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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HanoiHanoi
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6 years ago
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