Following is selected financial information for Kasio Co. for the year ended December 31, 2013. K. Kasio,

Question:

Following is selected financial information for Kasio Co. for the year ended December 31, 2013.

K. Kasio, Capital, Dec. 31, 2013 . . . . . . . . . $14,000

Net income . . . . . . . . . . . . . . . . . . . . . . . . . 8,000

K. Kasio, Withdrawals. . . . . . . . . . . . . . . . . $1,000

K. Kasio, Capital, Dec. 31, 2012. . . . . . . . . 7,000

Required

Prepare the 2013 statement of owner’s equity for Kasio.

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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 05:52 AM

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Following is selected financial information for Kasio Co. for the year ended December 31, 2013. K. Kasio,

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Kasio Company Statement of Owners Equity For Year En...View the full answer

Fundamental accounting principle

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