Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 09, 2024

The net income of Hollywood Talent Services is $ 2 4 , 0 0 0 . The beginning and ending Owner's Capital account balances were

The net income of Hollywood Talent Services is $

24, 000 .

The beginning and ending Owner's Capital account balances were $

35, 000

and $

50, 000,

respectively. The company received no additional owner contributions.Calculate the amount of owner withdrawals.

.

11, 000

.

10, 000

.

19, 000

.

9, 000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Artificial Intelligence In Accounting And Auditing Creating Value With Al Volume 5

Authors: Miklos A. Vasarhelyi, Dan O'Leary

1st Edition

1558761780, 978-1558761780

More Books

Students also viewed these Accounting questions

Question

★★★★★

Consider two identical buildings: one in Los Angeles, California, where the atmospheric pressure is 101 kPa and the other in Denver, Colorado, where the atmospheric pressure is 83 kPa. Both buildings...

Answered: 1 week ago

Question

★★★★★

Best Buy Entertainment can obtain Panasonic DVD players for $134 less a trade discount of 35%. A comparable Samsung model is available for $127 less a discount of 30%. Which DVD player has the lower...

Answered: 1 week ago

Question

★★★★★

=+ (c) Let v be the extension of vo (see (11.6)) to o(g), and for A o, define HO(A) = v( AX (0,1]). Show that wo is finitely additive and countably subaddi- tive on the semiring So.

Answered: 1 week ago

Question

★★★★★

Consider an employee who does not receive employer-based health insurance and must divide her $700 per week in after-tax income between health insurance and other goods. Draw this workers opportunity...

Answered: 1 week ago

Question

★★★★★

a company purchased a delivery van for $20000 with a salvage value of $2500 on september 1, year 1. it has an estimated useful life of 5 years. ysing the straight line method how much depreciation...

Answered: 1 week ago

Question

★★★★★

When going from a price of $1 per book to a price of $2 per book, what is the percentage change in price? b. When going from a price of $1 per book to a price of $2 per book, what is the percentage...

Answered: 1 week ago

Question

★★★★★

Provide 3 decimals for the final answer. Please show step by step solution. 6. Calculate the MA and output force of the brake pedal lever in the diagram. MASTER CYLINDER FULCRUM 3IN. Output Force = ?...

Answered: 1 week ago

Question

★★★★★

Support A is a pin. Support B is a roller. Each support can support a maximum of 9kN. Determine which support will fail first and at what value of w does this occur. HINT, create relationships of w...

Answered: 1 week ago

Question

★★★★★

You flip a coin two times and then roll a 6-sided die. What is the probability you land on heads both times and then roll a number less than 5? Round to the nearest tenth of a percentage.

Answered: 1 week ago

Question

★★★★★

sin x 3. Show step by step how you use tan x = - COS X and the compound formulas for sine and cosine to produce the addition formula for tangent, tan(A + B) = tan A + tan B 1-tan Atan B [4 marks]

Answered: 1 week ago

Question

★★★★★

Solve both parts showing work and provide an explanation (Hint: Rationalize twice) (ii) Use the result of part (i) to evaluate (Hint: It's a one line solution using part (i).) lim H 2 19-2x+5-4 x-2...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

1. Outline the listening process and styles of listening

Answered: 1 week ago

Question

★★★★★

4. Explain key barriers to competent intercultural communication

Answered: 1 week ago

Previous Question Next Question