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Softa [21]
3 years ago
14

The following selected information is taken from the work sheet for Warton Company at its December 31 year-end.

Business
1 answer:
Katena32 [7]3 years ago
3 0

Answer:

$100,100

Explanation:

Calculation to Determine the amount for B. Warton, Capital, that should be reported on its current December 31 year-end balance sheet

Statement of Owner's equity

B Warton Capital (Beginning) $74,500

Add: Net Income

($204,000 - $137,000) $67,000

Less: Withdrawals/Drawings ($41,400)

B Walter, Capital (ending) $100,100

Therefore the amount for B. Warton, Capital, that should be reported on its current December 31 year-end balance sheet is $100,100

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Answer:

3 the answer is 3 3 3 3 3 3 3

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Answer:

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4 years ago
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