Accounts Payable Inventory Cash Common Stock Wages Payable Equipment Retained Earnings 1 $50,000 $50,000 2. (6,000) $6,000 3 $23,000 $23,000 4 1,250 $1,250 5 (750) 6 600 7 $4,000 (750) (600) (4,000) 3,200 (150) 8 3,200 9 150 10 (1,000) 1,000 46,700 6,000 24,000 22,250 Ending Balance $ 4,000 50,000 Accounting numeric field He IUSS. Pancake Palace Income Statement For the Month Ended July 31 C. Create the statement of owner's equity. If an amount box requires a zero, enter minus sign. Pancake Palace Statement of Owner's Equity For the Month Ended July 31 00 Ending Balance D. Create the balance sheet. For those boxes in which you must enter subtractive or negative numbers Pancake Palace Balance Sheet July 31 Assets: Total Assets Liabilities: 0000 000 000 Total Liabilities Owner's Equity: Total Owner's Equity Total Liabilities and Owner's Equity