Question
Financial information related to Lost Trail Company, a proprietorship, for the month ended November 30, 2014, is as follows: Net income for November $93,230 Penny
Financial information related to Lost Trail Company, a proprietorship, for the month ended November 30, 2014, is as follows:
Net income for November $93,230
Penny Beall's withdrawals during November 10,260
Penny Beall, capital, November 1, 2014 711,300
Prepare a statement of owner's equity for the month ended November 30, 2014.
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Lost Trail Company Statement of Owners Equity For t...
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
