The following balances were retrieved from the records of Juans Janitorial Services for the year ended December
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Question:
The following balances were retrieved from the records of Juan’s Janitorial Services for the year ended December 31, 2016:
Capital, January 1, 2016 P 500,000
Withdrawals 100,000
Additional Investments 50,000
Net Loss 45,000
Prepare the Statement of Changes in Equity
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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