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The owner: Began with $8,425 and made $525 in profit Statement of Owner's Equity Beginning Retained Earnings (Capital) 8950 Due to unforeseen events, withdrew
The owner: Began with $8,425 and made $525 in profit Statement of Owner's Equity Beginning Retained Earnings (Capital) 8950 Due to unforeseen events, withdrew $5,950 Owner Contributions 2000 Net Income 10950 Deposited $2,000 Total 21900 Complete their statement of equity. Less Withdrawals 2000 Once you have completed the Ending Owners Equity 19900 statement, click submit.
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Intermediate Accounting
Authors: Earl K. Stice, James D. Stice
18th edition
538479736, 978-1111534783, 1111534780, 978-0538479738
