If beginning capital was $25,000, ending capital is $37,000, and the owner's withdrawals were $23,000.?

Question

Sam Younes · Answer

If the increase in capital is STRICTLY from operations, it would be a net income of $35K.

Ahmed kandil · Answer

Correct answer is B 
thank you

Gayasuddin Mohammed · Answer

Umer Sharif · Answer

35K profit is the right answer............

Michael Lagunday · Answer

The answer is B. net income of $35,000.

Md. Omar Faruq · Answer

Computation of profit: Opening Capital($.25,000)+Net Profit-Withdraw($23000)=Ending Capital($37000), So, Net profit will be $35000

The correct answer is option-B

Muhammad Iqbal · Answer

Net incom is $35000, because increase in ending capital

Said Shaban · Answer

The answer is B

Beg. Balance + Net Income - Withdrawals = Ending Balance

Shahbaz itbar Abbasi · Answer

Net income of $35000 is the amount of total period.

kasim Abdul Halik · Answer

Option c is right answer,

Net income14,000

saif ullah rana rajpoot · Answer

net income of35000 of this business