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Prepare a statement of owner equity for the year

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Reference no: EM132679049

Problem - Marcie Davies owns and operates Gemini Advertising Services. On January 1, 2018, Marcie Davies, Capital had a balance of $618,500. During the year, Marcie invested an additional $40,000 and withdrew $15,000. For the year ended December 31, 2018, Gemini Advertising Services reported a net income of $92,330. Prepare a statement of owner's equity for the year ended December 31, 2018.

Reference no: EM132679049

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