Janet Smother is the new bookkeeper who replaced Dick Burns, owing to his sudden illness. Janet finds a note on her desk requesting that she close the books and supplies the ending capital figure. Janet is upset since she can find only the following:
a. Revenue and expense accounts were all zero balance.
b.

c. Owner withdrew $8,000.
d. Owner’s beginning capital was $34,400.
Could you help Janet accomplish her assignment? What written suggestions should Janet make to her supervisor so that this situation will not happen again?