Hospitality Cost Control.

Its been a very stressful semester. Getting the right answers would be a great relief. My professor doesnt really give good feedbacks on our homework and sometimes take points off the problem that I thought was right. So I wanted to make sure I got the right answers.

Problem 7 The income statement section of a worksheet shows the following results: Total debits: Total credits: $65,000 $72,000 amount. Problem 8 The income statement section of a worksheet shows the following results: Total debits: Total credits: $84,000 $78,000 Specify amount. whether the company has a net income or loss for the period, and determine the Problem9 A proprietorship shows the following results on its worksheet: Capital, beginning of year Withdrawals for the year $50,000 30,000 20,000 Net income for the year What will be the new balance in the Capital account after the closing entries have he posted