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At the beginning of the year, a company's balance sheet reported the following balances Total Assets - $35.000 Total obties 576,500, and Owner's Capital $58,500
At the beginning of the year, a company's balance sheet reported the following balances Total Assets - $35.000 Total obties 576,500, and Owner's Capital $58,500 During the year, the company reported revenues of 546,900 and expenses of $30,600 In addition owners withdrawals for the year totaled $20.400 Assuming no other changes to owner's capital, the balance in the owner's capital account at the end of the year would be: Multiple Choice 562.500 44100 c 300 00
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