The following are selected T accounts for the current year for Linda's Surveying Services: Linda Winter, Capital
12/31 Clos. 25,000 1/1 Bal. 20,000
12/31 48,000 Linda

Winter, Drawing
3/31 12,000 12/31 Clos. 25,000
12/22 13,000

Income Summary
12/31 19,000 12/31 67,000
12/31 48,000

Required:
Prepare a statement of owner's equity.

In the context of your career choice, your own business skills cannot influence the level of your personal financial success. a. true b. false

At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.

Used cars usually have options: higher depreciation rate than new cars lower financing costs than new cars lower insurance premiums than new cars lower maintenance costs than new cars