the beginning capital balance shown on a statement of owner's equity is $56,000. net loss for the period is $16,500 and the owner withdrew $20,500 cash from the business and made no additional investments during the period. the owner's capital balance at the end of the period is multiple choice $19,000. $56,000. $52,000.

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19-12-2022
Business

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the beginning capital balance shown on a statement of owner's equity is $56,000. net loss for the period is $16,500 and the owner withdrew $20,500 cash from the business and made no additional investments during the period. the owner's capital balance at the end of the period is multiple choice $19,000. $56,000. $52,000.

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MonikaNandal MonikaNandal · Answer 1 · 2022-12-23T10:09:32-05:00

The owner's capital balance at the end of the period is multiple choice is $52,000.

What do you mean by capital?

In terms of macroeconomics, "the nation's capital stock during a particular year includes buildings, equipment, software, and inventories."

Factory equipment is a common illustration.

The utilization of production components can raise capital, however certain durable items like residences and personal vehicles that are not employed in the creation of marketable goods and services are not included.

Capital is "that part of man's stock which he anticipates to provide him revenue," according to Adam Smith. Capital is a production function input in economic models.

Economics defines capital goods, also referred to as capital, as "those durable produced products that are used in turn as productive inputs for future production of goods and services."

Learn more about capital, here

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