tara westmont, the proprietor of tiptoe shoes

The Net Income for the year is: $187,000. The retained earnings account before closing had a balance of $315,000. Tara Westmont, the proprietor of Tiptoe Shoes, had annual revenues of $185,000, expenses of $103,700, and withdrew $18,000 from the business during the current year. Tara Westmont, the stockholder of Tiptoe Shoes, Inc., had annual revenues of $190,000, expenses of $106,200, The company paid $20,000 cash in dividends to the owner (sole stockholder). Tara Westmont, the proprietor of Tiptoe Shoes, had annual revenues of $198,000, expenses of $110,200, and withdrew $23,200 from the business during the current year. The owner’s capital account before closing had a balance of $310,000. The ending owner's capital balance after closing is: A) $63,300 B) $378,300 C) $81,300 D) $185,000 E) $360,300 Tara westmont, the proprietor of tiptoe shoes, had annual revenues of $205,000, expenses of $113,700, and withdrew $26,000 from the business during the current year. The ending retained earnings balance after closing is: a. $82,300. The owner's capitalaccount before closing had a balance of $297,000. Tara Westmont, the stockholder of Tiptoe Shoes, Inc., had annual revenues of $185,000, expenses of $103,700, and the company paid $18,000 cash in dividends to the owner (sole stockholder). Solved Expert Answer to Tara Westmont, the proprietor of Tiptoe Shoes, had annualrevenues of $185,000, expenses of $103,700, and withdrew $18,000from the business dur $381,300 Tara Westmont, the proprietor of Tiptoe Shoes, had annual revenues of $185,000, expenses of $103,700, and withdrew $18,000 from the business during the current year. Tara Westmont, the proprietor of Tiptoe Shoes, had annualrevenues of $185,000, expenses of $103,700, and withdrew $18,000from the business during the current year. $203,000 b. 16) Tara Westmont, the proprietor of Tiptoe Shoes, had annual revenues of $185,000, expenses of $103,700, and withdrew $18,000 from the business during the current year. Tara Westmont, the stockholder of Tiptoe Shoes, Inc., had annual revenues of $187,000, expenses of $104,700, The company paid $18,800 cash in dividends to the owner (sole shareholder). The owner's capital account before closing had a balance of $297,000. The owner's capital account before closing had a balance of $297,000. 1 Answer to Show transcribed image text Tara Westmont, the proprietor of Tiptoe Shoes, had annual revenues of exist205,000, expenses of exist113, 700, and withdrew exist26,000 from the business during the current year. Question: Tara Westmont, the stockholder of Tiptoe Shoes, Inc., had annual revenues of $187,000, expenses of $104,700, The company paid $18,800 cash in dividends to the owner (sole shareholder). $362,500. The ending retained earnings balance after closing is: A. $185,00 0 B. Tara Westmont, the stockholder of Tiptoe Shoes, Inc., had annual revenues of $189,000, expenses of $105,700, and the company paid $19,600 cash in dividends to the owner (sole stockholder). 1. The retained earnings account before closing had a balance of $299,000. $65,100 c. $90,300 The ending owner's capital balance after closing is: $63,500. The owner's capital account before closing had … The retained earnings account before closing had a balance of $302,000. Tara Westmont, the stockholder of Tiptoe Shoes, Inc. had annual revenues of $203,000, expenses of $112,700, and the company paid $25,200 cash in dividends to the owner (sole stockholder). the owner's capital account before closing had a balance of $317,000. The retained earnings account before closing had a balance of $297,000. The owner's capital account before closing had a balance of $297,000.

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