Following is selected financial information of ComEx for the year ended December 31, 2011. C. Tex, Capital,

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Following is selected financial information of ComEx for the year ended December 31, 2011.

C. Tex, Capital, Dec. 31, 2011 . . . . . . . . . . . $47,000

C. Tex, Withdrawals . . . . . . . . . . . . . . . . . . . $ 8,000

Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,000

C. Tex, Capital, Dec. 31, 2010 . . . . . . . . . . . . 49,000

Required

Prepare the 2011 statement of owner’s equity for ComEx.

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Dec 27, 2012 01:42 AM

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Following is selected financial information of ComEx for the year ended December 31, 2011. C. Tex, Capital,

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Fundamental Accounting Principles

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