Preparing a statement of owners equity Jim Hunton starts a systems consulting business on October 1 by

Question:

Preparing a statement of owner’s equity Jim Hunton starts a systems consulting business on October 1 by investing $$35,000$ cash in the business.
His net income for October is $$14,000$ and he withdrew $$12,000$ on October 30. Prepare a statement of owner’s equity for the month of October.

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