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Ivanhoe's Oriole Company has a capital balance on January 1, 2021, of $25,300. Ivanhoe has drawings of $12,400. Prepare a statement of owner's equity for
Ivanhoe's Oriole Company has a capital balance on January 1, 2021, of $25,300. Ivanhoe has drawings of $12,400. Prepare a statement of owner's equity for the year assuming that net income is $15,100 for the year. (List items that increase owner's equity first.) IVANHOE'S ORIOLE COMPANY Statement of Owner's Equity
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