4-8 - Assignment Print View D. Santaga, Withdrawals 38,000...

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Page 8 of 9 http://ezto.mhhm.mcgraw-hill.com/hm_accounting.tpx?todo=printview 9. award: 1 out of 1 point 10. award: 1 out of 1 point D. Santaga, Withdrawals 38,000 Requirement 3: Determine the capital amount to be reported on its year-end balance sheet. (Omit the "$" sign in your response. Input all amounts as positive values.) D. Santaga, Capital on the balance sheet: Beginning balance $ 272,770 Add : Net income 40,180 Sub Total 312,950 Less : Owner withdrawals 38,000 Ending balance $ 274,950 Worksheet Learning Objective: 04-P1 Learning Objective: 04-P2 Requirement 3: Determine the capital amount to be reported on its year-end balance sheet. (Omit the "$" sign in your response. Input all amounts as positive values.) D. Santaga, Capital on the balance sheet: Beginning balance $ 272,770 Add : Net income 40,180 Sub Total 312,950 Less : Owner withdrawals 38,000 Ending balance $ 274,950 Scholl Company records prepaid assets and unearned revenues in balance sheet accounts. The following
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