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EX 4-9 Statement of owner’s equity net loss Selected accounts from the ledger of Balboa Sports for the current fiscal year ended June 30 2012 are as follows Erica Kilty Capital Erica Kilty

EX 4-9 Statement of owner’s equity; net loss

Selected accounts from the ledger of Balboa Sports for the current fiscal year ended June 30, 2012, are as follows:

 

Erica Kilty, Capital

 

 

Erica Kilty, Drawing

 

June 30

42,000

July 1 (2011)

398,500

Sept. 30

2,500

June 30

10,000

30

10,000

 

 

Dec. 31

2,500

 

 

 

 

 

May 31

2,500

 

 

 

 

 

June 30

2,500

 

 

 

 

 

 

 

 

 

 

 

 

Income Summary

 

 

 

 

 

June 30

402,000

June 30

360,000

 

 

 

 

 

 

30

42,000

 

 

Prepare a statement of owner’s equity for the year.

May 14 2020 View more View Less

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