Following is selected financial information for Boardwalk for the year ended December 31, 2011. B. Walk, Capital,

Question:

Following is selected financial information for Boardwalk for the year ended December 31, 2011.

B. Walk, Capital, Dec. 31, 2011. . . . . . . . . . $15,000

B. Walk, Withdrawals . . . . . . . . . . . . . . . . . . . $2,000

Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,000

B. Walk, Capital, Dec. 31, 2010 . . . . . . . . . . . . 8,000


Required

Prepare the 2011 statement of owner’s equity for Boardwalk.


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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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