Selected accounts from the ledger of Bobcat Sports for the current fiscal year ended August 31, 2006,
Question:
Selected accounts from the ledger of Bobcat Sports for the current fiscal year ended August 31, 2006, are as follows:
Prepare a statement of owner’s equity for theyear.
Transcribed Image Text:
John Kramer, Capital John Kramer, Drawing Aug. 31 31 4,000 Aug. 31 4,000 4,000 4,000 16,000 Sep. 1 (2005) 210,300 Nov. 30 16,000 Feb. 28 May 31 Aug. 31 Income Summary 49,650 Aug. 31 224,900 Aug. 31 175,250 49,650 31
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Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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