Mary Jessica's capital statement reveals that her drawings during the year were $49200. She made an additional capital investment of $24500 and her share of the net loss for the year was $9200. Her ending capital balance was $198000. What was Jessica's beginning capital balance? O $231900 O $222700 O $256400 O $182700 eTextbook and Media

Mary Jessica's capital statement reveals that her drawings during the year were $49200. She made an additional capital investment of $24500 and her share of the net loss for the year was $9200. Her ending capital balance was $198000. What was Jessica's beginning capital balance? O $231900 O $222700 O $256400 O $182700 eTextbook and Media

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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