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A summary of selected ledger accounts appears below for S. Ball for the current calendar year. S. Ball, Capital S Ball. Withdrawals 3/31 2,000 12/31
A summary of selected ledger accounts appears below for S. Ball for the current calendar year. S. Ball, Capital S Ball. Withdrawals 3/31 2,000 12/31 6,000 10/31 3,000 12/31 6,500 1/1 27,000 12/31 4,250 Answer the following questions: What was the total amount of withdrawals for the year? What was the net income? What was the total revenue? What were the total expenses? Income Summary 12/31 12.750 12/31 17,000 12/31 4,250 2 12/22 1,000 6000
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