| Answer | |||||||
| Amount of assets for company C on december 2017 is 40915 | |||||||
| December 31, 2016 | |||||||
| Asset | = | liabilities | + | equity | |||
| 28160 | 15206 | 12954 | |||||
| Statement of owners equity | |||||||
| equity, december 31,2016 | 12954 | ||||||
| add: investmet by owner | 9750 | ||||||
| add: net income | 8000 | ||||||
| 30704 | |||||||
| less: withdrawal by owner | 5875 | ||||||
| equity, 31 december 2017 | 24829 | ||||||
| December 31, 2017 | |||||||
| Asset | = | liabilities | + | equity | |||
| 40915 | 16086 | 24829 | |||||
Required information The following information applies to the questions displayed belowj The following financial statement information...
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