Tarr, a Sole Proprietorship, Had the Following Balances and Transactions

question 67

Multiple Choice

Tarr, a sole proprietorship, had the following balances and transactions during 2016: beginning capital, $40,000; contribution of cash to the business by the owner, $15,000; revenue, $60,000; expenses, $35,000; withdrawal by the owner, $5,000.What is the amount of the ending capital balance?

• A) $40,000
• B) $60,000
• C) $75,000
• D) $85,000

Understand the role of management and organizational support in facilitating training transfer.

Grasp the concept of readiness to learn and factors influencing it.

Recognize the importance of management actions before, during, and after training to encourage transfer.

Understand the significance of designing training programs with elements that mimic real-life situations to facilitate transfer.

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Definitions:

Audits

Systematic examinations or reviews of accounts, records, or processes to assess compliance, accuracy, or effectiveness.

Syndrome Diagnosis

The identification of a specific set of symptoms and conditions that, together, indicate a particular medical syndrome.

Skin Breakdown

The deterioration of skin integrity, often occurring in individuals with limited mobility or those who are bedridden, leading to sores or ulcers.

Urinary Retention

The inability to completely empty the bladder, which can lead to discomfort and potential complications.