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-   -   One item is omitted in each of the following summaries of balance sheet and income st (https://www.askmehelpdesk.com/showthread.php?t=788486)

  • Apr 2, 2014, 05:19 PM
    DColeman68
    One item is omitted in each of the following summaries of balance sheet and income st
    Proprietorship
    X Y Z

    Beginning of Year:
    Assets 299,000 380,000 250,000
    Liabilities 168,000 250,000 105,000
    End of Year:
    Assets 295,000 450,000 185,000
    Liabilities 196,000 250,000 95,000
    During the Year:
    Additional Investment by Owner 50,000 b. 79,000
    Less: Withdrawals by Owner a. 90,000 83,000
    Revenue 187,000 195,000 c.
    Less: Expenses 175,000 170,000 113,000
  • Apr 3, 2014, 02:09 PM
    ma0641
    You are probably wondering why this question was not answered. We do not do your work for you.

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