Make the statement of owner equity

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Problem - On December 31, Patterson Co. had the following list of accounts and their respective annual balances.

Accounts Payable $51,600

Prepaid Rent $13,900

Accounts Receivable 61,200

Rent Expense 3,700

Beginning Capital 45,100

Service Revenue 56,000

Cash 32,300

Supplies 16,500

Deferred Revenue 9,800

Supplies Expense 9,300

Drawing 17,000

Utilities Expense 3,000

Entertainment Expense 5,600

Required - Make the statement of owner's equity.

Reference no: EM132470730

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