CAN SOMEONE HELP ANALYZE THIS EQUITY STATEMENT DATA ? The following information relates to Oriole Co. for the year 2020.Owner’s capital, January 1, 2020 $53,827 Advertising expense $ 2,019Owner’s drawings during 2020 6,728 Rent expense 11,663Service revenue 71,321 Utilities expense 3,476Salaries and wages expense 33,081 ORIOLE CO.Owner's Equity Statement%24%24>>>>

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Description: CAN SOMEONE HELP ANALYZE THIS EQUITY STATEMENT DATA ? The following information relates to Oriole Co. for the year 2020.Owner’s capital, January 1, 2020 $53,827 Advertising expense $ 2,019Owner’s drawings during 2020 6,728 Rent expense 11,663Service

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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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CAN SOMEONE HELP ANALYZE THIS EQUITY STATEMENT DATA ?

The following information relates to Oriole Co. for the year 2020.

Owner’s capital, January 1, 2020	$53,827	Advertising expense	$ 2,019
Owner’s drawings during 2020	6,728	Rent expense	11,663
Service revenue	71,321	Utilities expense	3,476
Salaries and wages expense	33,081

ORIOLE CO.
Owner's Equity Statement
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