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The Assets and Liabilities of Rocky's Day Spa on December

Question 205

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The assets and liabilities of Rocky's Day Spa on December 31 and its revenue and expenses for the year are listed below.The capital of the owner is $68,000 on January 1.The owner invested an additional $10,000 during the year.​ The assets and liabilities of Rocky's Day Spa on December 31 and its revenue and expenses for the year are listed below.The capital of the owner is $68,000 on January 1.The owner invested an additional $10,000 during the year.​   Prepare a statement of owner's equity for the current year ended December 31. Prepare a statement of owner's equity for the current year ended December 31.

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