Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   How do you get the beginning owners equity (https://www.askmehelpdesk.com/showthread.php?t=212783)

  • May 5, 2008, 10:39 AM
    dora1223
    How do you get the beginning owners equity
    If the ending owner's equity of $4,013, additional investments of $2,585 withdrawals of $1,114, and net loss $2,893.
  • May 5, 2008, 02:35 PM
    CaptainForest
    Opening
    + Investments
    - Withdrawals
    - Net Loss
    = Closing

    Therefore, Opening is 5,435

    • All times are GMT -7. The time now is 09:58 AM.