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Question 5 For Oriole Co., beginning capital balances on January 1, 2020, are Nancy Payne $15,200 and Ann Dody $23,100. During the year drawings were

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Question 5 For Oriole Co., beginning capital balances on January 1, 2020, are Nancy Payne $15,200 and Ann Dody $23,100. During the year drawings were Payne $7,000 and Dody $4,700. Net income was $26,400, and the partners share income equally. Prepare the partners' capital statement for the year. (List items that increase partners' capital first.) ORIOLE CO. Partners' Capital Statement ady N. Payne A. Dody Total LINK TO TEXT VIDEO: SIMLAR EXERCISE Prepare the owners' equity section of the balance sheet at December 31, 2020. ORIOLE CO. Partial Balance Sheet ct t

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