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With the following information prepare the Statement of Owner's Equity for Lamp Company -- time period is for the Year ending 31-Dec-17 Cash $ 52,000
| With the following information prepare the Statement of Owner's | |||||
| Equity for Lamp Company -- time period is for the Year ending | |||||
| 31-Dec-17 | |||||
| Cash | $ 52,000 | ||||
| Capital beg | $ 523,500 | ||||
| Salary payable | $ 24,000 | ||||
| Withdrawal | $ 31,000 | ||||
| Net income | $ 146,000 | ||||
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