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Capri Company began the current period with a $31,000 credit balance in the K. Capri, Capital account. At the end of the period, the
Capri Company began the current period with a $31,000 credit balance in the K. Capri, Capital account. At the end of the period, the company's adjusted account balances include the following temporary accounts with normal balances. What is the end balance in her capital account. Service fees earned $114,000 Salaries expense 46,500 Interest revenue K. Capri, Withdrawals $ 8,600 13,000 Depreciation expense 11,000 Utilities expense 4,700 a. $78,400. b. $61,200. c. $31,000. d. $114,000.
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