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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 The balance in the Owner’s Capital account for the beginning of the period is $5,000, and the owner has withdrawn $1,650 for personal expenses.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

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2 votes

Answer:

5850

Step-by-step explanation:

User Nick Benes
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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 :)
User Richeve Bebedor
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