What is the result of transferring balances at the end of the accounting period?

Transferring balances at the end of the accounting period typically involves closing out temporary accounts, such as revenues and expenses, to determine the net income or loss for that period. This net result is then added to the owner's equity section of the balance sheet, affecting the overall equity of the owners.

When the net income is transferred, it reflects a change in the owner's equity. This change can either result in an increase or a decrease in equity, depending on whether there was a profit or a loss during the accounting period. Therefore, the net result of this transfer process directly influences owner's equity, making it a key factor in financial reporting and accounting practices.

Other options focus on different aspects that do not directly relate to the end-of-period balance transfer process, but this option clearly conveys the outcome regarding owner's equity in accounting.