Following is selected financial information of ComEx for the year ended December 31, 2011. C. Tex, Capital,
Question:
Following is selected financial information of ComEx for the year ended December 31, 2011.
C. Tex, Capital, Dec. 31, 2011 . . . . . . . . . . . $47,000
C. Tex, Withdrawals . . . . . . . . . . . . . . . . . . . $ 8,000
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,000
C. Tex, Capital, Dec. 31, 2010 . . . . . . . . . . . . 49,000
Required
Prepare the 2011 statement of owner’s equity for ComEx.
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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