A summary of selected ledger accounts appears below for Alberto's Plumbing Services for the current calendar...

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A summary of selected ledger accounts appears below for Albertos Plumbing Services for the current calendar year-end. 12/31

business accounting

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Answer 1

Answer #1

Ans : d) $13,777. is Correct Answer

Explanation:

the capital balance of the partner at the year end would be credited with the net income for the period and in this case capital income on 31/12 is being credited by $13,777. So the same amount is assumed to be the net income.

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Answer 2

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