The Beginning Balance in the Lopez,Capital Account of a Company

question 152

True/False

The beginning balance in the Lopez,Capital account of a company was $10,000.The revenues and expenses were $200,000 and $170,000,respectively.During the year,Lopez took withdrawals of $3,000.There were no new capital contributions during the year.The ending balance in Lopez,Capital was $40,000.

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Definitions:

Nonverbal Behavior

Communication without words that includes gestures, facial expressions, body posture, eye movement, physical distance, and other body language.

Erect

To build or construct something upright in position or posture.

Gesture

A movement of part of the body, especially a hand or the head, to express an idea or meaning.

Behavioral Interview Question

A question asked in an interview that requires the candidate to provide an example of how they've handled specific situations in the past.