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Posted: **Sat Feb 19, 2022 2:34 pm**

: View Policies Current Attempt In Progress For Sheridan Co Beginning Capital Balances On January 1 2022 Are Nancy Payn 1 (9.29 KiB) Viewed 81 times

: View Policies Current Attempt In Progress For Sheridan Co Beginning Capital Balances On January 1 2022 Are Nancy Payn 2 (32.99 KiB) Viewed 81 times

: View Policies Current Attempt In Progress For Sheridan Co Beginning Capital Balances On January 1 2022 Are Nancy Payn 3 (20.45 KiB) Viewed 81 times

View Policies Current Attempt in Progress For Sheridan Co, beginning capital balances on January 1, 2022, are Nancy Payne $16.500 and Ann Dody $14,400. During the year, drawings were Payne $7,000 and Dody $6,000. Net income was $28,500, and the partners share income equally,
(a) Prepare the partners' capital statement for the year. (List items that increase partners' capital first.) SHERIDAN CO. Partners' Capital Statement N. Payne A Dody Total s s $
(b) Prepare the owners equity section of the balance sheet at December 31, 2022 SHERIDAN CO. Partial Balance Sheet $