Question: Following is selected financial information of ATV Company for the

Following is selected financial information of ATV Company for the year ended December 31, 2013.
A.T. Vee, Capital, Dec. 31, 2013 . . . . . . . . . $47,000
Net income . . . . . . . . . . . . . . . . . . . . . . . . . 5,000
A.T. Vee, Withdrawals . . . . . . . . . . . . . . . . $ 7,000
A.T. Vee, Capital, Dec. 31, 2012. . . . . . . . . . 49,000

Required
Prepare the 2013 statement of owner’s equity for ATV Company.


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  • CreatedNovember 14, 2013
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