4-3 - Assignment Print View RESOURCE TRUCKING COMPANY...

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Page 3 of 9 http://ezto.mhhm.mcgraw-hill.com/hm_accounting.tpx?todo=printview 4. award: 1 out of 1 point RESOURCE TRUCKING COMPANY Statement of Owner's Equity For Year Ended December 31, 2009 J. Reso, Capital, December 31, 2008 $ 161,901 Add : Net Income 26,463 Sub Total 188,364 Less : Owner withdrawals 20,000 J. Reso, Capital, December 31, 2009 $ 168,364 Worksheet Learning Objective: 04-C2 Requirement 2: Prepare the statement of owner's equity. (Omit the "$" sign in your response.) RESOURCE TRUCKING COMPANY Statement of Owner's Equity For Year Ended December 31, 2009 J. Reso, Capital, December 31, 2008 $ 161,901 Add : Net Income 26,463 Sub Total 188,364 Less : Owner withdrawals 20,000 J. Reso, Capital, December 31, 2009 $ 168,364 Use the following adjusted trial balance to prepare Resource Trucking Company's classified balance sheet as of December 31, 2009. (Be sure to list the assets and liabilities in order of their liquidity. Input all amounts as positive values. Omit the "$" sign in your response.)
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