Ferris Wheeler is a trader in entertainment services. The business reported a net loss of $18,800 for the year 2012. At the start of the year the owners’ equity was $378,800, and at the end of the year the equity was $330,000. During the year the owner took goods valued at $10,000 as well as cash for personal use. What is the amount of cash drawings for the year?

$20000

Step-by-step explanation:

The amount of cash drawings for the year will be calculated thus:

Net loss = $18,800

Beginning owner's equity = $378,800

Ending owner's equity = $330,000

Goods withdrazwn by owner = $10,000

The Ending owner's equity is calculated as:

= Beginning owner's equity - Net loss - Goods withdrazwn by owner - Cash withdrawn by owner

We'll then slot in the values given and this will be:

330,000 = 378,800 - 18,800 - 10,000 - Cash withdrawn by owner

330,000 = 350,000 - Cash withdrawn by owner

Cash withdrawn by owner will the be:

= $350000 - $330000

= $20,000

this is a very good question

step-by-step explanation:

i got a hair cut today from my mom not to flex just to flex kim jon un is one rad fellow i'd say you'd need to take the hairline in kinda like a box shape like someone rammed a lego brick into your head. from there you really need to take the top up keeping with that boxy aesthetic, finally coat the whole thing with gel if your country economics are failing or whatever you can just coat it with the starving children's food rations. about 5 orphans per strand is a good ratio. good luck with the fresh cut my dude