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What will be the balance in the Zephyr Capital account

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Question - The following information is available for Zephyr Company before closing the accounts.

Net Income $115,000

Zephyr, Capital 110,000

Zephyr, Withdrawals 39,000

After all of the closing entries are made, what will be the balance in the Zephyr, Capital account?

a. $115,000.

b. $225,000.

c. $264,000.

d. $186,000.

e. $956,000.

Reference no: EM132610286

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