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begin{tabular}{|c|c|c|c|} hline 3 & begin{tabular}{c} Account No. end{tabular} & begin{tabular}{c} Debit Balances end{tabular} & begin{tabular}{c} Credit Balances end{tabular} hline Cash &

image text in transcribed \begin{tabular}{|c|c|c|c|} \hline 3 & \begin{tabular}{c} Account \\ No. \end{tabular} & \begin{tabular}{c} Debit \\ Balances \end{tabular} & \begin{tabular}{c} Credit \\ Balances \end{tabular} \\ \hline Cash & 11 & 5,444 & \\ \hline Accounts Receivable & 12 & 2,491 & \\ \hline Prepaid Expenses & 13 & 655 & \\ \hline Equipment & 18 & 14,452 & \\ \hline Accumulated Depreciation & 19 & & 1,301 \\ \hline Accounts Payable & 21 & & 1,566 \\ \hline Notes Payable & 22 & & 5,487 \\ \hline Bob Steely, Capital & 31 & & 10,563 \\ \hline Bob Steely, Drawing & 32 & 807 & \\ \hline Fees Earned & 41 & & 8,529 \\ \hline Wages Expense & 51 & 2,037 & \\ \hline Rent Expense & 52 & 877 & \\ \hline Utilities Expense & 53 & 343 & \\ \hline Depreciation Expense & 54 & 275 & \\ \hline Miscellaneous Expense & 59 & 65 & \\ \hline Totals & & 27,446 & 27,446 \\ \hline \end{tabular} Determine the owner's equity ending balance for the period. \begin{tabular}{|c|c|c|c|} \hline 3 & \begin{tabular}{c} Account \\ No. \end{tabular} & \begin{tabular}{c} Debit \\ Balances \end{tabular} & \begin{tabular}{c} Credit \\ Balances \end{tabular} \\ \hline Cash & 11 & 5,444 & \\ \hline Accounts Receivable & 12 & 2,491 & \\ \hline Prepaid Expenses & 13 & 655 & \\ \hline Equipment & 18 & 14,452 & \\ \hline Accumulated Depreciation & 19 & & 1,301 \\ \hline Accounts Payable & 21 & & 1,566 \\ \hline Notes Payable & 22 & & 5,487 \\ \hline Bob Steely, Capital & 31 & & 10,563 \\ \hline Bob Steely, Drawing & 32 & 807 & \\ \hline Fees Earned & 41 & & 8,529 \\ \hline Wages Expense & 51 & 2,037 & \\ \hline Rent Expense & 52 & 877 & \\ \hline Utilities Expense & 53 & 343 & \\ \hline Depreciation Expense & 54 & 275 & \\ \hline Miscellaneous Expense & 59 & 65 & \\ \hline Totals & & 27,446 & 27,446 \\ \hline \end{tabular} Determine the owner's equity ending balance for the period

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