Changes during the year in equities:
Additional owner investment ? 25,000
Owner's withdrawals 29,000 ?
Total revenues 215,000 100,000
Total expenses 175,000 60,000
How do I find the owners withdrawals & addidional investment?
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Changes during the year in equities:
Additional owner investment ? 25,000
Owner's withdrawals 29,000 ?
Total revenues 215,000 100,000
Total expenses 175,000 60,000
How do I find the owners withdrawals & addidional investment?
You need the beginning year numbers for assets, liabilities and owners equiy to solve this problem.
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