At the beginning of the year, a company s balance sheet reported the following balances:Assuming no other changes to owner s capital, the  balance in the owner s capital account at the end of the year would be:

At the beginning of the year, a company s balance sheet reported the following balances:Assuming no other changes to owner s capital, the balance in the owner s capital account at the end of the year would be:

At the beginning of the year, a company s balance sheet reported the following balances: Total

Assets = $125,000; Total Liabilities = $75,000; and Owner s Capital = $50,000. During the year,

the company reported revenues of $46, 000 and expenses of $30, 000. In addition, owner s

withdrawals for the year totaled $20,000. Assuming no other changes to owner s capital, the

balance in the owner s capital account at the end of the year would be:


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