The year-end balance of the owner’s capital account appears in

The year-end balance of the owners capital account appears in both the statement of owners equity and the income statement only the statement of owners equity both the statement of owners equity and the balance sheet both the statement of owners equity and the statement of cash flows

The year-end balance of the owner’s capital account appears in both the statement of owner’s equity and the income statement only the statement of owner’s equity both the statement of owner’s equity and the balance sheet both the statement of owner’s equity and the statement of cash flows

The correct option is :
‘both the statement of owners equity and the balance
sheet.’
The year end balance of owner capital account is calculated as
net income+beginning capital balances-dividends paid.Such balance
is represented in the statement of owners equity and is then shown
under total stockholders equity in the balance sheet.

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