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The assets and liabilities of Thompson Computer Services at March 3 1 , the end of the current year, and its revenue and expenses for
The assets and liabilities of Thompson Computer Services at March the end of the current year, and its revenue and expenses for the year are listed below. The capital of the owner was $ at April the beginning of the current year. Mr Thompson invested an additional $ in the business during the year.
Accounts payable $ Miscellaneous expense $
Accounts receivable Office expense
Cash Supplies
Fees earned Wages expense
Land Drawing
Building
Prepare a statement of owners equity for Thompson Computer Services for the current year ended March
Thompson Computer Services
Statement of Owner's Equity
For the Year Ended March
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