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-2 (book/static) ton Hair Stylists's adjusted trial balance and income statement follow Prepare Dalton's statement of owner's equity for the year ended December 31, 2018
-2 (book/static) ton Hair Stylists's adjusted trial balance and income statement follow Prepare Dalton's statement of owner's equity for the year ended December 31, 2018 Assume the owner ade no contributions during the year (Click on the icon to view the adjusted trial balance.) (Click on the icon to view the income statement) Data Table repare the statement of owner's equity. Enter any increases in capital prior to the subtotal an e period from the statement of owner's equity.) Dalton Hair Stylists Statement of Owner's Equity Year Ended December 31, 2018 Dalton, Capital, January 1, 2018 Dalton, Capital, December 31, 2018 X i Reference Dalton Hair Stylists Income Statement Year Ended December 31, 2018 Dalton Hair Stylists Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 1,300 Accounts Receivable 1,500 Office Supplies 1,800 Equipment 20.900 Accumulated Depreciation Equipment $ 2,200 Accounts Payable 400 Interest Payable 500 Notes Payable 3.100 Dalton, Capital 16,150 Dalton, Withdrawals 1,400 Service Revenue 13,800 Rent Expense 3,900 Supplies Expense 850 Depreciation Expense-Equipment 2,200 Interest Expense 2.300 Total $ 36,150 $ 36,150 Revenues Service Revenue $ 13,800 $ Expenses Rent Expense Interest Expense Depreciation Expense-Equipment Supplies Expense Total Expenses 3,900 2,300 2.200 850 9,250 Net Income (L03) S 4,550 Print Done
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