The beginning balance in the R. Barnum, Capital account on October | of the current year, was
Question:
The beginning balance in the R. Barnum, Capital account on October | of the current year, was $20,000. For October, the Barnum Company reported total revenues of $3,000 and total expenses of $1,250. In addition, R. Barnum withdrew $1,200 for his personal use on October 25. lop5 Required: Prepare a statement of changes in owner's equity for October for the Barnum Company.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Accounting Information For Business Decisions
ISBN: 9780030224294
1st Edition
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley
Question Posted: