Prepare the owner's equity statement for Blossom Company. (List items that increase owner's equity first.) Owner's...
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Prepare the owner's equity statement for Blossom Company. (List items that increase owner's equity first.) Owner's Capital, January 1 Add Net Income /(Loss) Owner's Capital, December 31 < < BLOSSOM COMPANY Owner's Equity Statement For the Year Ended December 31, 2022 $ LA 69 1000 January 1, 2022 Assets Liabilities Owner's equity December 31, 2022 Assets Liabilities Owner's equity Owner's equity changes in year Additional investment Drawings Total revenues Total expenses Blossom Company $80,000 49,000 31,000 (a) 110,000 (b) 62,000 48,000 2,000 14,000 349,000 320,000 (c) Prepare the owner's equity statement for Blossom Company. (List items that increase owner's equity first.) Owner's Capital, January 1 Add Net Income /(Loss) Owner's Capital, December 31 < < BLOSSOM COMPANY Owner's Equity Statement For the Year Ended December 31, 2022 $ LA 69 1000 January 1, 2022 Assets Liabilities Owner's equity December 31, 2022 Assets Liabilities Owner's equity Owner's equity changes in year Additional investment Drawings Total revenues Total expenses Blossom Company $80,000 49,000 31,000 (a) 110,000 (b) 62,000 48,000 2,000 14,000 349,000 320,000 (c)
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Related Book For
Accounting
ISBN: 978-0176509743
Volume 1, 2nd canadian Edition
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
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