polladots4680 polladots4680
  • 13-08-2020
  • Business
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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.

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