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Discuss about the owner capital

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Question: Prepare the balance sheet for O'Dell's Nursery for December 31, 2012. The company assets are: cash, $8,917; accounts receivable, $7,521; merchandise inventory, $17,826. The liabilities are: accounts payable, $10,215; wages payable, $3,716. The owner's capital is $20,333.

Reference no: EM131629223

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Discuss about the owner capital : Prepare the balance sheet for O'Dell's Nursery for December 31, 2012. The company assets are: cash, $8,917; accounts receivable, $7,521; merchandise inventory.
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