Business, 08.04.2021 17:00 rutza

On January 1 of the current year, Vrentrice Hair Care Service reported owner's capital totaling $122,500. During the current year, total revenues were $96,000 while total expenses were $85,500. Also, during the current year Vrentrice withdrew $20,000 from the company. No other changes in equity occurred during the year. If, on December 31 of the current year, total assets are $196,000, the change in owner's capital during the year was a decrease of:

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On January 1 of the current year, Vrentrice Hair Care Service reported owner's capital totaling $122...

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