Question 1 (10 points)
a summary of selected ledger accounts appear below for s. ball for the current calendar year.
answer questions 1 through 4 based on this information.
s. ball. capital
s ball. withdrawals
12/31 6,500 1 1 27,000
331 2,000 1231 6.000
12 31 4.250
10/31 3,000
s. bo
123
1.000
12 22
income summary
1231 12.750 1231 17,000
12 31 4.250
1. what was the total amount of withdrawals for the year?
a)$6500
b)$1000
c)"o$3000
d)$6000