Question: The following information is from the work sheet for Pursley Company as of December 31, 2014. Using this information, determine the amount that should be

The following information is from the work sheet for Pursley Company as of December 31, 2014. Using this information, determine the amount that should be reported for Alice Pursley, Capital on the December 31, 2014, balance sheet.

Balance Sheet and Income Statement Statement of Changes in Equity Debit Debit Credit Credit Cash 7,000 50,000 Alice Pursley,wi Totals thdrawa.s. 32,000 125,000 184,000

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