Question: FULL SCREEN PRINTER VERSION BACK Exercise 12-6 (Part Level Submission) For National Co., beginning capital balances on January 1, 2017, are Nancy Payne $19,600 and

FULL SCREEN PRINTER VERSION BACK Exercise 12-6 (Part Level Submission) For National Co., beginning capital balances on January 1, 2017, are Nancy Payne $19,600 and Ann Dody $15,100. During the year, drawings were Payne $8,500 and Dody $4,100. Net income was $29,900, and the partners share income equally Prepare the partners capital statement for the year. (List items that increase partners' capital first.) NATIONAL CO. N. Payne A. Dody Total

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