If an owner's capital account had a $10,000 credit balance at the beginning of the period, and during the period, the owner invests an additional $5,000, the balance in the capital account listed on the trial balance will be equal to a debit balance of $5,000.

Question

Quizplus · Accepted Answer

The capital account would have a credit balance of $15,000, not a debit balance, because the additional investment increases the credit balance.

If an Owner's Capital Account Had a $10,000 Credit Balance