Question

If beginning capital was $110,000, ending capital was $95,000, and the owner’s withdrawals were $10,000, the amount of net income or net loss was a
A. net income of $5,000.
B. net income of $15,000.
C. net loss of $15,000.
D. net loss of $5,000.

Answer 1

its either "A" or "D"

Answer 2

@herua123 @Purplerainbowcherry

Answer 3

A

Answer 4

and your welcome:)

Answer 5

thank kind sir/ma'am

Answer 6

It's D. :)