Prepare the partners capital statement for the year

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Question - For National Co., beginning capital balances on January 1, 2017, are Nancy Payne $19,700 and Ann Dody $17,100. During the year, drawings were Payne $7,200 and Dody $4,400. Net income was $25,300, and the partners share income equally. Prepare the partners' capital statement for the year.

Reference no: EM132626669

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