Following is selected financial information of Audi Company for the year ended December 31, 2015. A. Audi,

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Following is selected financial information of Audi Company for the year ended December 31, 2015.

A. Audi, Capital, Dec. 31, 2015 . . . . . . . . . $47,000

Net income . . . . . . . . . . . . . . . . . . . . . . . . . 5,000

A. Audi, Withdrawals . . . . . . . . . . . . . . . . . $ 7,000

A. Audi, Capital, Dec. 31, 2014 . . . . . . . . . 49,000

Required

Prepare the 2015 statement of owner’s equity for Audi Company.

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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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Question Posted: Apr 23, 2015 02:49 AM

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Following is selected financial information of Audi Company for the year ended December 31, 2015. A. Audi,

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Fundamental Accounting Principles

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