WendyEller2-TextbookExercises-Unit6 - PE 4­3A Padget...

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Unformatted text preview: PE 4­3A Padget Advertising Services Statement of Owner's Equity For the Month Ended December 31, 2007 Jody Padget, Capital January 1, 2007 Investment During The Month Net Income for The Month Less Withdrawls Increase in Owner's Equity Jody Padget, Capital December 31, 2007 $550,600 $50,000 $68,150 $40,000 $628,750 $628,750 PE 4­4A 1 Current Liabilty 2 Property, Plant and Equipment 3 Current Asset 4 Long Tem Liability 5 Current Asset 6 Current Liability 7 Current Asset 8 Owner's Equity PE 4­6A 1) Adjustment data are assembled and analyzed. 2) Closing entries are journalized and posted to the ledger. ...
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This note was uploaded on 12/08/2009 for the course AC114 AC114 taught by Professor Duchac during the Fall '09 term at Kaplan University.

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