Preparation of SCE for a Single Proprietorship Instructions: Prepare a Statement of Changes in Equity for the year ended December 31,2020 the using the following account titles listed. You may use any desired business name. Use the space provided for your answer. Drawing ₱168,000 Capital Beginning ₱ 95,000 Additional Investment ₱105,000 Total Asset ₱550,000 Total Liabilities ₱120,000
Preparation of SCE for a Single Proprietorship Instructions: Prepare a Statement of Changes in Equity for the year ended December 31,2020 the using the following account titles listed. You may use any desired business name. Use the space provided for your answer. Drawing ₱168,000 Capital Beginning ₱ 95,000 Additional Investment ₱105,000 Total Asset ₱550,000 Total Liabilities ₱120,000
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter1: Introduction To Accounting And Business
Section: Chapter Questions
Problem 5PEA: Using the income statement for Adventure Travel Service shown in Practice Exercise 1-4A, prepare a...
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Preparation of SCE for a Single Proprietorship
Instructions:
- Prepare a Statement of Changes in Equity for the year ended December 31,2020 the using the following account titles listed.
- You may use any desired business name.
- Use the space provided for your answer.
Drawing ₱168,000
Capital Beginning ₱ 95,000
Additional Investment ₱105,000
Total Asset ₱550,000
Total Liabilities ₱120,000
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