Statement of Owner's Equity; Net Loss
Selected accounts from the ledger of Restoration Arts for the fiscal year ended April 30, 2019, are as follows:
Doug Stone, Capital
Doug Stone, Drawing
May 1 (2018)
Prepare a statement of owner's equity for the year.
Statement of owners’ equity: This statement reports the beginning owner’s equity and all the changes which led to ending owners’ equity. Additional capital, net i...
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