Question

Following is selected financial information for Kojo Company for the year ended December 31, 2015.
K. Kojo, Capital, Dec. 31, 2015. . . . . . . . . $14,000
K. Kojo, Withdrawals. . . . . . . . . . . . . . . . $1,000
Net income . . . . . . . . . . . . . . . . . . . . . . . . 8,000
K. Kojo, Capital, Dec. 31, 2014 . . . . . . . . 7,000
Required
Prepare the 2015 statement of owner’s equity for Kojo Company.


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  • CreatedApril 23, 2015
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