Problem $1-4$B Financial statements LO$6$

CHECK FIGURE: Wes Gandalf, Capital, Dec. $31,2020=$$$192,000$

On January $1,2020,$ Fireworks Fantasia entered its third year of operations. On December $31,2020,$ Wes Gandalf, the owner, finalized the company's records that showed the following items.

$\backslash$table$[[$andalf$,$ the owner, finalized the company's,$1,$$$,$$$,3,000$