Beginning palances: Assets Liabilities Ending Balances Assets Liabilities During the year: -Net income / Net loss Additional nvestment Drawings KJC 100,000 40,000 215,000 90,000 20, 000 50,000 5,000 JBA 200,000 150,000 258,000 130,000 50,000 40,000 12,000 HPL 300,000 160,000 283,000 170,000 25,000 8,000 60, 000 Shim 416, 000 190,000 284,000 170,000 -58,000 6,000 60,000 Hong 250,000 190,000 133, 000 80,000 30,000 3,000 40,000

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.5.1MBA
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Which company has the highest ending capital?

Beginning
balances:
Assets
Liabilities
Ending
Balances
Assets
Liabilities
During the year:
+Net income /
-Net loss
Additional
investment
Drawings
KJC
100,000
40,000
215,000
90,000
20, 000
50,000
5,000
JBA
200,000
150,000
258,000
130,000
50,000
40, 000
12,000
HPL
300,000
160,000
283,000
170,000
25,000
8,000
60, 000
Shim
416, 000
190,000
284,000
170,000
-58,000
6,000
60,000
Hong
250,000
190,000
133, 000
80,000
30,000
3,000
40,000
Transcribed Image Text:Beginning balances: Assets Liabilities Ending Balances Assets Liabilities During the year: +Net income / -Net loss Additional investment Drawings KJC 100,000 40,000 215,000 90,000 20, 000 50,000 5,000 JBA 200,000 150,000 258,000 130,000 50,000 40, 000 12,000 HPL 300,000 160,000 283,000 170,000 25,000 8,000 60, 000 Shim 416, 000 190,000 284,000 170,000 -58,000 6,000 60,000 Hong 250,000 190,000 133, 000 80,000 30,000 3,000 40,000
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