Kizspy | Question: 50
(Choose 1 answer)
(1070)
Which statement is true about Mary's capital:
FUGLERT LOW LOV
A. The owner's equity account that contains the amount invested in the sole proprietorship by Mary Smith plus
the net income since the company began minus the draws made by Mary Smith since the company began.
B. The owner's equity account that contains the amount invested in the sole proprietorship by Mary Smith
minus the net income since the company began minus the draws made by Mary Smith since the company
began.
C. The owner's equity account that contains the amount invested in the sole proprietorship by Mary Smith
plus the net income since the company began plus the draws made by Mary Smith since the company began.
D. The owner's equity account that contains the amount invested in the sole proprietorship by Mary Smith
plus the net income since the company began
E. None of these
