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Your Ledger Accounts Have the Following Balances What Is the Balance of the Capital Account?
A)$ 275

Question 20

Multiple Choice

Your ledger accounts have the following balances:  Cash 15,000 Debtors 125,000 Creditors 92,000 Capital ??? Equipment 175,000 Sales 289,000 Inventory 42,000 Drawings 22,000 Expenses 48,000 Cost of Sales 140,000\begin{array}{|l|r|}\hline \text { Cash } & 15,000 \\\hline \text { Debtors } & 125,000 \\\hline \text { Creditors } & 92,000 \\\hline \text { Capital } & ? ? ? \\\hline \text { Equipment } & 175,000 \\\hline \text { Sales } & 289,000 \\\hline \text { Inventory } & 42,000 \\\hline \text { Drawings } & 22,000 \\\hline \text { Expenses } & 48,000 \\\hline \text { Cost of Sales } & 140,000 \\\hline\end{array} What is the balance of the Capital account?


A) $ 275 000
B) $ 138 000
C) $186 000
D) $243 000

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