Multiple Choice
The beginning capital balance is $1,600; there are no additional investments or withdrawals by the owner during the accounting period. The period's revenue is $630 and expenses total $600. What is the ending capital balance (after closing entries) ?
A) $1,630
B) $2,200
C) $2,230
D) $30
Correct Answer:
Verified
Correct Answer:
Verified
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