Cyrus Bautista owns and operates Gemini Advertising Services. On January 1, 20Y3, Cyrus Bautista, Capital had a

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Cyrus Bautista owns and operates Gemini Advertising Services. On January 1, 20Y3, Cyrus Bautista, Capital had a balance of $471,900. During the year, Cyrus invested an additional $72,000 and withdrew $17,000. For the year ended December 31, 20Y3, Aquarius Advertising Services reported a net income of $103,000. Prepare a statement of owner’s equity for the year ended December 31, 20Y3.

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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