Prepare a statement of owner's equity for Thompson Computer Services for the current year ended March 31. Thompson Computer Services Statement of Owner's Equity For the Year Ended March 31 Thompson, capital, April 1 X -X -X X X XX X 199

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year follow.
The capital of the owner was $192,800 at April 1, the beginning of the current year. Mr. Thompson invested an additional $15,100 in the business
during the year.
<
%
Accounts payable
Accounts receivable
Cash
Fees earned
Land
2/ 5
T
G
B
Building
Thompson, capital, April 1
- X
X
Y
H
Prepare a statement of owner's equity for Thompson Computer Services for the current year ended March 31.
Thompson Computer Services
Statement of Owner's Equity
For the Year Ended March 31
N
X
X
▼X
$1,200 Miscellaneous expense
10,340
32,320 Supplies
74,170 Wages expense
47,000
Drawing
152,760
81
0 more Check My Work uses remaining.
*
Office expense
3
8
XXX
K
hp
alt
no
X
X
X
$420
640
P
1,670
32,320
5,800
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9:15 PM
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OOK
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Transcribed Image Text:The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year follow. The capital of the owner was $192,800 at April 1, the beginning of the current year. Mr. Thompson invested an additional $15,100 in the business during the year. < % Accounts payable Accounts receivable Cash Fees earned Land 2/ 5 T G B Building Thompson, capital, April 1 - X X Y H Prepare a statement of owner's equity for Thompson Computer Services for the current year ended March 31. Thompson Computer Services Statement of Owner's Equity For the Year Ended March 31 N X X ▼X $1,200 Miscellaneous expense 10,340 32,320 Supplies 74,170 Wages expense 47,000 Drawing 152,760 81 0 more Check My Work uses remaining. * Office expense 3 8 XXX K hp alt no X X X $420 640 P 1,670 32,320 5,800 ctrl { 3 C insprt sc ] 1 pause delete < backspace Previous home enter num lock Next T shift 7 home 9:15 PM 10/4/2022 end 1 A pg up OOK end
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