Question
At January 1, 2020, the records of Anna Turcza's law practice showed equity at $37,200 Profit for 2020 was $18,200, and Anna withdrew $3,000 in
At January 1, 2020, the records of Anna Turcza's law practice showed equity at $37,200 Profit for 2020 was $18,200, and Anna withdrew $3,000 in cash during the year What is the owner's capital as of December 31, 2020 Show your work.
Note:
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Accounting Principles
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
IFRS global edition
1-119-41959-4, 470534796, 9780470534793, 9781119419594 , 978-1119419617
