Sadie and sam share income equally. for the current year, the partnership net income is $40,000. sadie made withdrawals of $14,000, and sam made withdrawals of $15,000. at the beginning of the year, the capital account balances were sadie, capital, $42,000; sam capital, $58,000. sam's capital account balance at the end of the year is

Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,200 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,200 from hopkins. the entry or entries gideon makes to record the write off of the account on may 3 is:

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false

Georgia's gross pay was 35,600 this year she is to pay a federal income tax of 16% how much should georgia pay in federal income ax this year