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Hannah Roberts owns and operates Hannah's Pool Service Company. On January 1, Hannah Roberts, Capital had a balance of $304,360. During the year, Hannah invested an additional $27,830 and withdrew $39,160. For the year ended December 31, Hannah's Pool Service Company reported a net income of $63,270. Prepare a statement of owner's equity for the year ended December 31. **Hannah's Pool Service Company** **Statement of Owner's Equity** **For the Year Ended December 31** - Beginning Capital: $ - Add: Net Income: $ - Add: Owner's Investment: $ - Less: Owner's Withdrawal: $ - Ending Capital: $

Hannah Roberts owns and operates Hannah's Pool Service Company. On January 1, Hannah Roberts, Capital had a balance of $304,360. During the year, Hannah invested an additional $27,830 and withdrew $39,160. For the year ended December 31, Hannah's Pool Service Company reported a net income of $63,270. Prepare a statement of owner's equity for the year ended December 31. **Hannah's Pool Service Company** **Statement of Owner's Equity** **For the Year Ended December 31** - Beginning Capital: $ - Add: Net Income: $ - Add: Owner's Investment: $ - Less: Owner's Withdrawal: $ - Ending Capital: $

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hannah Roberts owns and operates Hannah's Pool Service Company. On January 1, Hannah Roberts, Capital had a balance of $304,360. During the year, Hannah invested an additional $27,830 and withdrew $39,160. For the year ended December 31, Hannah's Pool Service Company reported a net income of $63,270. Prepare a statement of owner's equity for the year ended December 31. **Hannah's Pool Service Company** **Statement of Owner's Equity** **For the Year Ended December 31** - Beginning Capital: $ - Add: Net Income: $ - Add: Owner's Investment: $ - Less: Owner's Withdrawal: $ - Ending Capital: $
Transcribed Image Text:Hannah Roberts owns and operates Hannah's Pool Service Company. On January 1, Hannah Roberts, Capital had a balance of $304,360. During the year, Hannah invested an additional $27,830 and withdrew $39,160. For the year ended December 31, Hannah's Pool Service Company reported a net income of $63,270. Prepare a statement of owner's equity for the year ended December 31. **Hannah's Pool Service Company** **Statement of Owner's Equity** **For the Year Ended December 31** - Beginning Capital: $ - Add: Net Income: $ - Add: Owner's Investment: $ - Less: Owner's Withdrawal: $ - Ending Capital: $
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