Question
Prepare the owner's equity statement for Blossom Company. (List items that increase owner's equity first.) Owner's Capital, January 1 Add Net Income /(Loss) Owner's
Prepare the owner's equity statement for Blossom Company. (List items that increase owner's equity first.) Owner's Capital, January 1 Add Net Income /(Loss) Owner's Capital, December 31 < < BLOSSOM COMPANY Owner's Equity Statement For the Year Ended December 31, 2022 $ LA 69 1000 January 1, 2022 Assets Liabilities Owner's equity December 31, 2022 Assets Liabilities Owner's equity Owner's equity changes in year Additional investment Drawings Total revenues Total expenses Blossom Company $80,000 49,000 31,000 (a) 110,000 (b) 62,000 48,000 2,000 14,000 349,000 320,000 (c)
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Accounting
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
Volume 1, 2nd canadian Edition
176509739, 978-0176509736, 978-0176509743
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