using this information determine the amount for k wayman capital that should be repo 644756
The following selected information is taken from the work sheet for Wayman Company as of December 31, 2011. Using this information, determine the amount for K. Wayman, Capital, that should be reported on its December 31, 2011, balance sheet.
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Income Statement |
Balance Sheet and Statement of Owner’s Equity |
||
|
|
Dr. |
Cr. |
Dr. |
Cr. |
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K. Wayman, Capital |
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|
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65,000 |
|
K.Wayman, Withdrawals |
|
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32,000 |
|
|
Total |
|
115,000 |
174,000 |
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