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The Adjusted Trial Balance Data Given Below Is from the Bennett

question 59

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The adjusted trial balance data given below is from the Bennett Company's worksheet for the year ended December 31, 2013. The firm had net income of $100,000 for the year. Prepare a statement of owner's equity for the year. No additional investments were made during the period.  ADJUSTED TRIAL BALANCE  ACCOUNT NAME  DEBIT  CREDIT  Ben Bennett, Capital 122,000 Ben Bennett, Drawing 30,000\begin{array}{l}\text { ADJUSTED TRIAL BALANCE }\\\begin{array} { | l | r | r | } \hline { \text { ACCOUNT NAME } } & \text { DEBIT } & { \text { CREDIT } } \\\hline \text { Ben Bennett, Capital } & & 122,000 \\\hline \text { Ben Bennett, Drawing } & 30,000 & \\\hline\end{array}\end{array}


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