For each independent situation below, calculate the missing values for owner's equity. Beginning Ending Balance + Investments - Distributions = Balance $0 $22,750 $14,000 $ $17,600 $7,600 $69,000 $75,000 $160,000 $142,000 $0 $172,000 $4 $156,300 $87,000 $65,000 $43,000 %24 %24 %24

College Accounting (Book Only): A Career Approach
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ISBN:9781337280570
Author:Scott, Cathy J.
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Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements
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Problem 8QY: What is the amount of ending capital shown on the balance sheet for Floress Catering? a. 22,000 b....
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For each independent situation below, calculate the missing values for owner's equity.
Beginning
Ending
Balance
Investments
Distributions
Balance
$0
$22,750
$14,000
$
$17,600
$7,600
$69,000
$75,000
$160,000
$142,000
$0
$172,000
$156,300
$87,000
$65,000
$43,000
Transcribed Image Text:For each independent situation below, calculate the missing values for owner's equity. Beginning Ending Balance Investments Distributions Balance $0 $22,750 $14,000 $ $17,600 $7,600 $69,000 $75,000 $160,000 $142,000 $0 $172,000 $156,300 $87,000 $65,000 $43,000
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