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-   -   On January 1 of the current year, Bob's Lawn Care Service reported owner's capital to (https://www.askmehelpdesk.com/showthread.php?t=457745)

  • Mar 14, 2010, 07:35 PM
    QueGee07
    On January 1 of the current year, Bob's Lawn Care Service reported owner's capital to
    On January 1 of the current year, Bob's Lawn Care Service reported owner's capital totaling $122,500. During the current year, total revenues were $96,000 while total expenses were $85,500. Also, during the current year Bob withdrew $20,000 from the company. No other changes in equity occurred during the year. If, on December 31 of the current year, total assets are $196,000, the change in owner's
  • Mar 14, 2010, 08:10 PM
    Clough
    Hi, QueGee07!

    What is your question, please? Are you looking for someone to help you to figure how to come up with an answer yourself?

    Thanks!

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