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please fill in the chart in the 2nd pic. I include the example for you. thank you so much! Part 5: Complete the following question
please fill in the chart in the 2nd pic. I include the example for you. thank you so much!
Part 5: Complete the following question below using the Statement of Owner's Equity Templates on the next page 13. Prepare the owner's equity section of the balance sheet for each of the following three months for Dr. W. Lucey, who has just begun a medical practice. + (a) Capital Balance January 1 $36 000 Net Loss for January 4 000 Drawings for January 6 000 (b) Capital Balance February 1 $ ? Net Income for February 1 000 Drawings for February 5 000 (c) Capital Balance March 1 $ ? Net Income for March 5 000 Drawings for March 4 500 a) Idd one for you Owner's Equity W. Lucey, Capital - January 1 $36 000 Less: Net Loss for January ($4 000) Less: W. Lucey, Drawings (6 000) Decrease in Capital (10 000) W. Lucey, Capital - January 31 $26 000 b) Owner's Equity Step by Step Solution
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