If an owner's capital account had a $10,000 credit balance at the beginning of the period, and during the period, the owner invests an additional $5,000, the balance in the capital account listed on the trial balance will be equal to a debit balance of $5,000.
Answer the following statement true (T) or false (F)
False
$10,000cr + $5,000cr = $15,000 credit balance
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Answer the following statement true (T) or false (F)