Examlex
Morgan Olsen owns and operates Crystal Pool Service Company. On January 1, 2014, Morgan Olsen, Capital had a balance of $252,000. During the year Morgan invested an additional $32,000 and withdrew $52,400. For the year ended December 31, 2014 Crystal Pool Service Company reported a net income of $73,200. Prepare a Statement of Owner's Equity for the year ended December 31, 2014.
Adolescence
The transitional stage of development between childhood and adulthood, characterized by physical, psychological, and social changes.
Cult of Domesticity
A value system among the upper and middle classes during the 19th century in the United States and Great Britain that emphasized new ideals of femininity, piety, and the role of women as keepers of the home.
Industriousness
The quality of being hard-working and diligent, often leading to increased productivity and achievement.
Federal Government
The national government of a federation, responsible for areas of governance designated to the national level by the constitution.
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