its says snter any increase in capital prior to the subtital and any decreases to capital below the subtotal. what is that? And my calcultion is wrong
-C 122 - 1000 Summer 2021 omework: Chapter 4 Assignment ore: 5.28 of 30 pts 1 of 21 complete P4-30A (similar to) e adjusted trial balance of Bradford Irrigation System at December 31, 2018, follows: (Click the icon to view the adjusted trial balance) nad the requirements Depreciation Expense Bulding 1.000 Total Expenses et Income (Loss) 23,500 52,300 $ equirement 2. Prepare the company's statement of owner's equity for the year ended December 31, 2018. Assume that there were no contributions made by the owner during the year inter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. (Exclude any nero balance events for the period from the statement of owners woulty) Bradford Irrigation System Statement of Owner's Equity Year Ended December 31, 2018 Bradford, Capital January 1, 2018 45000 Net income for the year 52300 3100 Owner withdrawal Bradford, Capital, Domber 31, 2018 94200 Choose from any list or enter any number in the input fields and then click Check Answer. parts romaining Clear All 1 of 2 (1 complete) Data Table December 31, 2018 Balance Account Title Debit Credit Cash $ 13,500 44,500 39,100 6,100 57,000 $ 24,000 27,000 Accounts Receivable Office Supplies Prepaid Insurance Building Accumulated Depreciation-Building Equipment Accumulated Depreciation Equipment Accounts Payable Interest Payable Salaries Payable Uneamed Revenue Notes Payable (long-term) Bradford, Capital Bradford, Withdrawals 7,900 36,400 2.000 2,700 1,900 18,100 45,000 3,100 Print Done CC 122 - 1000 Summer 2021 Smework: Chapter 4 Assignment re: 5.28 of 30 pts 1 of 2 (1 complete) P4-30A (similar to) adjusted trial balance of Bradford Irigation System at December 31, 2018, follows: (Click the icon to view the adjusted trial balance.) Data Table ad the requirements 2U Depreciation Expense Building 27,000 1,000 Total Expenses 23,500 7.900 36,400 2,000 2.700 1.900 18,100 45,000 at income (Loss) $ 52,300 Accumulatea vepreciation --- Big Equipment Accumulated Depreciation Equipment Accounts Payable Interest Payable Salaries Payable Uneamed Revenue Notes Payable long-term) Bradford, Capital Bradford, Withdrawals Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense Depreciation Expense-Equipment Depreciation Expense--Building Total equirement 2. Prepare the company's statement of owner's equity for the year ended December ter any increases in capital prior to the subtotal and any decreases to capital below the subfotat. Bradford Irrigation System Statement of Owner's Equity Year Ended December 31, 2018 radford, Capital, January 1, 2018 45000 Het income for the year 52300 3,100 75.800 700 16.200 900 2,000 3100 Owner withdrawal radford, Capital, December 31, 2018 2,700 1,000 213,800 5 94200 $ 213,800 hoone from any list or enter any number in the input fields and then click Check Answer Print Done Done parts remaining Clear All 1 of 2 (1 complete) i Data Table llows: December 31, 2018 Asut TL 3 Requirements 1. Prepare the company's income statement for the year ended December 31, 2018. 2. Prepare the company's statement of owner's equity for the year ended December 31, 2018. Assume that there were no contributions made by the owner during the year. 3. Prepare the company's classified balance sheet in report form at December 31, 2018. 4. Journalize the closing entries for Bradford Irrigation System. 5. Compute the company's current ratio at December 31, 2018. At December 31, 2017, the current ratio was 2.8. Did the company's ability to pay debts improve or deteriorate, or did it remain the same? Print Done Bradford, Withdrawals 3 ck Check Answer Dini
