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The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year
The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year follow. The capital of the owner was $194,300 at April 1, the beginning of the current year. Mr. Thompson invested an additional $14,200 in the business during the year.
Thompson invested an additional $14,200 in the business during the year. Prepare a balance sheet for Thompson Computer Services for the current year ended March 31
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