answer C2

Prepare a statement of owner's equity. The owner, Henry Smith, invested $5,010 cash in the business on November 17,2023. (The investment has been recorded and it is included in the capital account). (List items that increase owner's equity first.) Airpstinn 1 inf? Additional information: 1. The 12-month insurance policy was purchased on June 1, 2023. 2. A physical count of supplies shows $1,320 on hand on January 31,2024 . 3. The building has an estimated useful life of 50 years. The equipment has an estimated useful life of nine years. 4. The mortgage payable has a 5% interest 'te. Interest is paid on the first day of each month for the previous month's interest. 5. By January 31,2024,$1,310 of services related to the unearned revenue have been provided. 6. During the next fiscal year, $4,510 of the mortgage payable is to be paid. (a) Your answer has been saved. See score details after the due date. Prepare the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)