Which of the following items are on both the balance sheet and the statement of owner's equity?
A) Net loss
B) Capital
C) Additional owner's investments
D) Owner's withdrawals

Question

Quizplus · Accepted Answer

Capital is the only item that appears on both the balance sheet and the statement of owner's equity. It represents the owner's equity in the business on the balance sheet, and it is adjusted for additional investments, withdrawals, and the net income or loss on the statement of owner's equity.

Which of the Following Items Are on Both the Balance