HELP ASAP!! A summary of selected ledger accounts appear below for S. Ball for the...
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HELP ASAP!! A summary of selected ledger accounts appear below for S. Ball for the current calendar year. (see attached). This is a 5 answer for one question. 1. What was the total amount of withdrawals for the year? a)$6500 b)$1000 c)$3000 d)$6000 2.What was the net income? a)$1000 b)$4250 c)$6500 d)$2000 3.What was the total revenue? a)$27,750 b)$17,000 c)$12.750 d)$10,250 4.What were the total expenses? a)$27,750 b)$17,000 c)$12.750 d)$10,250
Answer questions 1 through 4 based on this information. S. Ball. Capital 123 6,500 11 27,000 12/31 4,250 S Ball. Withdrawals 1 3/31 2.000 123 6,000 10/31 3,000 12/22 1000 Income Summary 12/31 12.750 12/3 17,000 23 .250
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1. What was the total amount of withdrawals for the year? a)$6500 b)$1000 c)$3000 d)$6000 2.What was the net income? a)$1000 b)$4250 c)$6500 d)$2000 3.What was the total revenue? a)$27,750 b)$17,000 c)$12.750 d)$10,250 4.What were the total expenses? a)$27,750 b)$17,000 c)$12.750 d)$10,250