Determine the Expenses for the Current Period Based on the Following

question 139

Essay

Determine the expenses for the current period based on the following data: $\begin{array}{ll}\text { Net income for the current period } &\$ 55,000 \\\text { Ending owner's equity } & 85,000 \\\text { Beginning owner's equity } & 49,000 \\\text { Owner withdrawals } & 19,000 \\\text { Revenue for the current period } & 96,000\end{array}$

---

Definitions:

West

Refers to the western part of the United States, which was characterized by its frontier and expansionist period during the 19th century, playing a significant role in the nation's development.

South

A direction or location often associated with the southern part of a country or region; contextually, it could refer to the Confederate states in the US Civil War, or the Global South in international relations.

Women

Refers to adult human females, often highlighting their roles, rights, or issues in society.