contestada

Hannah Roberts owns and operates Hannah's Pool Service Company. On January 1, Hannah Roberts, Capital had a balance of $305,530. During the year, Hannah invested an additional $21,670 and withdrew $38,820. For the year ended December 31, Hannah's Pool Service Company reported a net income of $67,510. Prepare a statement of owner's equity for the year ended December 31. Hannah's Pool Service Company Statement of Owner's Equity For the Year Ended December 31 $ $ $

Respuesta :

Answer:

$355,890

Explanation:

Hannah's Pool Service Company Statement of Owner's Equity For the Year Ended December 31

Details                                                     Amount ($)

Beginning equity                                      305,530

Additional capital                                         21,670

Net income                                                   67,510

Withdrawal                                                 (38,820)  

Ending equity                                           355,890  

Therefore, the ending Owner's Equity for the Year Ended December 31 is $355,890.

Otras preguntas