Question: Following is selected financial information for Kojo Company for the

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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