The Ending Capital balance would appear on all of the following except the:
A)income statement.
B)post-closing trial balance.
C)balance sheet.
D)statement of owner's equity.

Question

Quizplus · Accepted Answer

The ending capital balance is a component of the statement of owner's equity, post-closing trial balance, and balance sheet. It is not found on the income statement, as the income statement only shows revenue, expenses, and net income or loss.

The Ending Capital Balance Would Appear on All of the Following