Multiple Choice
Which of the following amounts appears on both the income statement and statement of owner's equity?
A) Ending capital
B) Total revenues
C) Net income
D) Drawings
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: Which of the following is TRUE for
Q31: Martin Supply Service received $1,000 cash from
Q32: A proprietor makes a cash withdrawal from
Q33: Bill purchased office supplies for $500 cash.What
Q37: Independent accountants that audit public companies come
Q38: In an LLC,who is responsible for the
Q39: Outside investors would ordinarily use financial accounting
Q40: If an analyst wants to know how
Q166: Many liabilities have the word receivable in
Q237: The income statement shows whether or not