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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  • CreatedNovember 14, 2013
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