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Garcia Co. had the following owner's equity statement with certain numbers missing. Required: Complete the owner's equity statement, filling in the missing amounts. Garcia Co.
Garcia Co. had the following owner's equity statement with certain numbers missing.Required:
Complete the owner's equity statement, filling in the missing amounts.
Garcia Co.
Owner's Equity Statement
For Year Ended Dec 31
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Beginning capital, Jan 1
$.....?
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Additional investments
$......?
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Net income
23,900
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Less drawing
10,400
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Increase in equity
45,200
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Ending capital, Dec 31
$72,100
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