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please fill in !! this is all the information i have for this post please help Question 4 of 6 0.77/1 E Prepare the owner's
please fill in !!
this is all the information i have for this post please help
Question 4 of 6 0.77/1 E Prepare the owner's equity statement for Oriole Company (List items that increase owner's equity first.) ORIOLE COMPANY Owner's Equity Statement For the Year Ended December 31, 2020 $ Owner's Capital, January 1 Add Net Income / (Loss) nvestments Less Drawings Owner's Capital, December 31 Oriole Beta Psi Omega Company Company Company Company January 1, 2017 Assets $79,760 $91,020 $128,900 (g) $154,700 Liabilities 48,100 52,140 (d) 82,720 63,990 (1) Owner's 31,660 (a) 38,880 46,180 90,710 equity December 31, 2017 Assets 111,290 (6) 108,600 176,000 269,900(k) Liabilities 60,130 74,070 95,050 (h) 110,000 Owner's 51,160 34,530 (e) 80,950 159,900 equity Owner's equity changes in year Additional 17,900 (C) 9,170 10,940 12,160 investment Drawings 15,400 38,020 (1) 12,310 10,200 Total 350,800 406,800 378,340 (1) 504,500 revenues Total 333,800 382,300 342,200 437,270 (1) expenses Formulas used to get the answers: i.Assets = Liabilities + Owner's Equity ii.Owner's Equity, Dec 31 2017 = Owner's Equity, Jan 1, 2017 + Additional investment - Drawings + Total revenues - Total expenses Step by Step Solution
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