Question

BPK Industries has a net income for the period of $2,500. The balance in the Owner’s Capital account for the beginning of the period is $5,000, and the owner has withdrawn $1,650 for personal expenses. The balance in the Owner’s Capital account at the end of the period will be

Answer 1

They start with 5,000 then add 2,500: 5,000+2,500=7,500. But he keeps 1,650: 7,500-1,650=5,850. At the end they have $5,850 :)

Answer 2

Answer:

5850

Explanation: