Refer to the trial balance of Jantz Plumbing Service in Problem 3-13B to determine the following information. Use the format provided below.

1. a. Total revenue for the month _________

b. Total expenses for the month _________

c. Net income for the month _________

2. a. Sue Jantz's original investment in the business

+ Net income for the month _________

– Owner's drawing__________________

Increase (decrease) in capital _________

= Ending owner's equity _________

b. End of month accountingequation:

Transcribed Image Text:

Owner's Equity Liabilities Assets