Determine the ending Capital balance of a business having:
Beginning Capital of $40,000
No investments or withdrawals
Inventory of $10,000
Cost of Goods Sold of $90,000
Prepaid Insurance of $12,000
Operating expenses of $72,000
Net sales $180,000

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The Answer of Determine the ending Capital balance of a business having:
Beginning Capital of $40,000
No investments or withdrawals
Inventory of $10,000
Cost of Goods Sold of $90,000
Prepaid Insurance of $12,000
Operating expenses of $72,000
Net sales $180,000

Determine the Ending Capital Balance of a Business Having