Prepare a statement of owners equity for the year ended

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Question: Yrus Bautista owns and operates Aquarius Advertising Services. On January 1, 20Y3, Cyrus Bautista, Capital had a balance of $619,600. During the year, Cyrus invested an additional $38,000 and withdrew $17,500. For the year ended December 31, 20Y3, Aquarius Advertising Services reported a net income of $93,050.

Prepare a statement of owner's equity for the year ended December 31, 20Y3. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Reference no: EM133492759

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