Multiple Choice
Use the following information for questions 127-129.
Carla's Computer Repair Shop started the year with total assets of $270,000 and total liabilities of $180,000. During the year, the business recorded $450,000 in computer repair revenues, $255,000 in expenses, and Carla withdrew $45,000.
-Carla's Capital balance changed by what amount from the beginning of the year to the end of the year?
A) $45,000
B) $195,000
C) $90,000
D) $150,000
Correct Answer:
Verified
Correct Answer:
Verified
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