Insurance agency started the year with a beginning capital balance of $ 25 comma 000. during the year, rogers insurance agency earned $ 41 comma 000 of service revenue and incurred $ 26 comma 000 of various expenses. rogers withdrew $ 11 comma 000 from the business. after the closing entries are recorded and posted, what will be the balance of rogers, capital?

The ending balance of Rogers, Capital is $29,000

Explanation:

In this question, we use the formula of opening capital which is shown below:

Opening capital = Closing capital + drawings - profit earned + loss incurred - additional capital

where,

The profit earned = Revenue - expenses

                             = $41,000 - $26,000

                             = $15,000

And, the other items would remain the same

$25,000 = Closing capital + $11,000 - $15,000 + $0 - $0

$25,000 = Closing capital - $4,000

So, the closing capital = $25,000 + $4,000

                                     = $29,000

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

you have to put the parentheses like this:

in fact, you have to perform the operation inside parentheses first, and then proceed in order: