Multiple Cholce Question

Which of the following statements best describes the purpose of the Owner, Capital account?

When an owner invests in a business, the invested amount is recorded in the Owner, Capital account

When a business owes a vendor, the obligation amount is recorded in the Owner, Capital account.

When a business distributes assets to an owner, the distribution is recorded in the Owner, Capital account.

When a business is owed money from a customer, the amount is recorded in the Owner, Capital account.