The following selected information is taken from the work sheet for Warton Company as of December 31,

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The following selected information is taken from the work sheet for Warton Company as of December 31, 2013. Using this information, determine the amount for B. Warton, Capital, that should be reported on its December 31, 2013, balancesheet.

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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Nov 14, 2013 05:53 AM

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The following selected information is taken from the work sheet for Warton Company as of December 31,

Question:

Income Statement Balance Sheet and Statement of Owner's Equity Dr. Cr. Dr. Cr. 72,000 B. Warton, Capital B. Warton, Withdrawals.. 39,000 122,000 181,000

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Fundamental accounting principle

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