Question
Asked Oct 3, 2019
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Zack Gaddis owns and operates Gaddis Advertising Services. On January 1, 2018, Zack Gaddis, Capital had a balance of $163,800. During the year, Zack invested an additional $8,200 and withdrew $57,300. For the year ended December 31, 2018, Gaddis Advertising Services reported a net income of $48,100.

My numbers for decrease of owner's equity and capital for Dec 31 are not adding up 

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Equity represents the amount owned by the contributors of capital. Equity balance includes all the amount contributions towards capital, addi...

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