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The following are all of the current month's balances for Coconut Company (sole proprietorship) before preparing the trial balance. All balances are normal, positive
The following are all of the current month's balances for Coconut Company (sole proprietorship) before preparing the trial balance. All balances are normal, positive balances. Accounts Payable $9000 Revenue 5000 Cash 4000 Expenses 18,500 Furniture 12,000 Accounts Receivable 12.000 Owner, Capital Notes Payable 7500 What amount should be shown for Owner, Capital on the trial balance? $51,000 $28,000 O $25,000 O $16,500
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