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The records of Jones Company show the following at December 31,2014: (see photo attached) Requirements: 1. Compute the missing amount for jones company. You will
The records of Jones Company show the following at December 31,2014:
(see photo attached)
Requirements:
1. Compute the missing amount for jones company. You will need to work through total owner's equity.
2. Did Jones earn a net income or suffer from a net loss for the year? Compute the amount.
(see photos attached on how the question is to be answered)
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