The beginning balance in the R. Barnum, Capital account on October | of the current year, was

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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.

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Accounting Information For Business Decisions

ISBN: 9780030224294

1st Edition

Authors: Billie Cunningham, Loren A. Nikolai, John Bazley

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