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I need help figuring out owners capital net income and drawings Your answer is partially correct. Try again. Presented below is information related to the

I need help figuring out owners capital net income and drawings

Your answer is partially correct. Try again. Presented below is information related to the sole proprietorship of Nancy Jackson, attorney. Legal service revenue-2020 $343,000 Total expenses-2020 217,000 Assets, January 1, 2020 92,000 Liabilities, January 1, 2020 63,000 Assets, December 31, 2020 162,000 Liabilities, December 31, 2020 109,000 Drawings-2020 ? Prepare the 2020 owner's equity statement for Nancy Jackson's legal practice. (List items that increase owner's equity first.) NANCY JACKSON, ATTORNEY Owner's Equity Statement For the Year Ended December 31, 2020 Owner's Capital, January 1 323000 x Add v Net Income / (Loss) Less v Drawings Owner's Capital, December 31 v Click if you would like to Show Work for this question: Open Show Work

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