Determine the Ending Capital Amount of a Business Having

question 42

Short Answer

Determine the ending Capital amount of a business having:
Beginning Capital amount of $20,000
Withdrawals of $ 2,500
Net sales of $200,000
Net purchases of $80,000
Freight-in of $2,000
Beginning inventory of $6,000
Ending inventory of $7,000
Operating expenses of $ 30,000
$ ________

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Definitions:

Dissociative Fugues

A scarce psychological condition manifested by transient amnesia concerning one's self identity, including personal memories, character, and distinctive qualities.

Psychodynamic Theorists

Scholars and clinicians who explore the influence of unconscious mind and childhood experiences on behavior, based on the principles founded by Sigmund Freud.

Psychodynamic Explanation

A theory that attributes psychological disorders to unconscious conflicts, desires, and impulses.

Dissociative Identity Disorder

A psychological condition characterized by the presence of two or more distinct personality states or identities within a single individual.