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Category > Accounting Posted 26 Sep 2017 My Price 3.00

Balboa Sports

EX 4-9 Statement of owner’s equity; net loss

Selected accounts from the ledger of Balboa Sports for the current fiscal year ended June 30, 2012, are as follows:

 

Erica Kilty, Capital

    

Erica Kilty, Drawing

  

June 30

42,000

July 1 (2011)

398,500

Sept. 30

2,500

June 30

10,000

30

10,000

    

Dec. 31

2,500

  
       

May 31

2,500

  
       

June 30

2,500

  
               
     

Income Summary

      
   

June 30

402,000

June 30

360,000

    
       

30

42,000

    

Prepare a statement of owner’s equity for the year.

Answers

Maurice Tutor
(5)
Status NEW Posted 26 Sep 2017 02:09 PM My Price 3.00

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