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Statement of Owner's Equity Zack Gaddis owns and operates Gaddis Advertising Services. On January 1, 20Y3, Zack Gaddis, Capital had a balance of $266,700.
Statement of Owner's Equity Zack Gaddis owns and operates Gaddis Advertising Services. On January 1, 20Y3, Zack Gaddis, Capital had a balance of $266,700. During the year, Zack invested an additional $13,300 and withdrew $93,300. For the year ended December 31, 20Y3, Gaddis Advertising Services reported a net income of $75,600. Prepare a statement of owner's equity for the year ended December 31, 20Y3. Use the minus sign to indicate negative values. Gaddis Advertising Services Statement of Owner's Equity For the Year Ended December 31, 20Y3 Zack Gaddis, capital, January 1, 20Y3 Additional investment during 2013 266,700 $ 13,300 Net income Withdrawals Decrease in owner's equity Zack Gaddis, capital, December 31, 20Y3 75,600 93,300
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