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Question :
Prepare the Statement of Owner's Equity from the Adjusted Trial Balance and Income Statement. Within each section of the statement, enter the accounts in Chart of Accounts order and the account balances. Then, calculate ending capital for the month. Enter any decreases using a minus sign or parentheses.
Account Title
Debit
Casts
14,900
Accocas Receivable
8,200
Office Supplies
100
Prepaid Rent
9,900
Furniture
17,400
Accumulated Depreciation-Furniture
5,900
Accounts Payable
1,900
&Aerie's Payable
400
',serest Payable
200
Unearned Revenue
4,900
Notes Payable
6,900
13n9,14. Capital
19,700
Bright. Withdrawals
25,800
Service Revenue
45,500
Depreciation Expense-Furniture
interest Expense
Rem Expense
2,900
Salaries Expense
3,400
Supplies Expense
700
Total
85,400
Expenses:
Depreadoon Expense -.Furniture
1900
Interest Expense
Rent Expense
Total Expenses
9,100
Net Income
36,400
Prepare the adjusting journal entry that should be prepared to reflect the reconciling items. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) What is the amount of cash to be included ..
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