Following is selected financial information of ATV Company for the year ended December 31, 2013. A.T. Vee,

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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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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 of ATV Company for the year ended December 31, 2013. A.T. Vee,

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Fundamental accounting principle

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