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For Carla Vista Co., beginning capital balances on January 1, 2022, are Nancy Payne $18,900
and Ann Dody $17,200. During the year, drawings were Payne $8,000 and Dody $4,400. Net
income was $26,300, and the partners share income equally. Prepare the partners' capital
statement for the year. (List items that increase partners' capital first.)eTextbook and Media
Prepare the owners' equity section of the balance sheet at December 31, 2022. CARLA VISTA
CO. Partial Balance SheetPrepare the owners' equity section of the balance sheet at December
31, 2022.

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For Carla Vista Co beginning capital balances on January 1.pdf

  • 1. For Carla Vista Co., beginning capital balances on January 1, 2022, are Nancy Payne $18,900 and Ann Dody $17,200. During the year, drawings were Payne $8,000 and Dody $4,400. Net income was $26,300, and the partners share income equally. Prepare the partners' capital statement for the year. (List items that increase partners' capital first.)eTextbook and Media Prepare the owners' equity section of the balance sheet at December 31, 2022. CARLA VISTA CO. Partial Balance SheetPrepare the owners' equity section of the balance sheet at December 31, 2022.