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TB MC Qu. 02-24 On January 1 of the current... On January 1 of the...

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Accounting

TB MC Qu. 02-24 On January 1 of the current... On January 1 of the current year, Jimmy's Sandwich Company reported owner's capital totaling $131,000. During the current year, total revenues were $112,000 while total expenses were $101,500. Also, during the current year Jimmy withdrew $36,000 from the company. No other changes in equity occurred during the year. The change in owner's capital during the year was: Multiple Choice A decrease of $25,500. An increase of $25,500. An increase of $46,500. A decrease of $46,500. 9 of 20 www ww Next >

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