Tammy70
Oct 1, 2012, 04:33 PM
I have been given 3 T accounts to pull my information from. I think this would be right can anyone tell me for sure?
Capital July 1 2011 398,500
Investments during the year 0
Net loss for the year 42,000
Less withdrawals 10,000
Decrease in owners capital 52,000
Owners capital June 30,2012 346,5000
My teacher counts off if the form is wrong I really need to get this right desperate for help.
Capital July 1 2011 398,500
Investments during the year 0
Net loss for the year 42,000
Less withdrawals 10,000
Decrease in owners capital 52,000
Owners capital June 30,2012 346,5000
My teacher counts off if the form is wrong I really need to get this right desperate for help.