Essay
Upshaw Company had a balance of $160,000 in Sue Upshaw,Capital on December 31,2013.During 2014,the company reported a net income of $84,000 after taxes,and the owner withdrew $32,000,while making no additional investments.Prepare the company's statement of owner's equity for the year ended December 31,2014.
Correct Answer:

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Correct Answer:
Verified
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