The capital balance amount shown in the balance sheet column of the worksheet represents

 A. the beginning capital fewer withdrawals plus any investments to capital during the period.

 B. the beginning capital plus any investments to capital that occurred during the period.

 C. the beginning capital plus net income interest. 

D. the beginning capital plus net income less withdrawal.

 The amount for withdrawals, to be used on the Statement of Owner's Equity, would be obtained from 

A. the worksheet in the income statement debit column.

 B.the worksheet in the balance sheet credit column. 

C. the worksheet in the balance sheet debit column. 

D. the worksheet in the income statement credit column.

 The debits equal credits on the adjusted trial balance columns of the worksheet

 True 

false

Answer rating: 100% (QA)

B the beginning capita... View the full answer