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Bramble Engineering Services is owned by Franois Bramble. Here is a listing of financial statement items for the business for the year ended December 31,

Bramble Engineering Services is owned by Franois Bramble. Here is a listing of financial statement items for the business for the year ended December 31, 2021.

Cash $1,220
Accounts receivable 1,708
Supplies 732
Equipment 7,564
Accounts payable 997
Salaries payable 557
F. Bramble, capital January 1, 2021 7,930
F. Bramble, drawings 5,368
Service revenue 18,125
Rent expense 5,856
Salaries expense 3,782
Supplies expense 960
Utilities expense

419

Prepare a statement of owner's equity. (List items that increase owner's equity first.)

BRAMBLE ENGINEERING SERVICES Statement of Owner's Equity Year Ended December 31, 2021Month Ended December 31, 2021December 31, 2021
ExpensesF. Bramble, Capital, Jan. 1, 2021InvestmentsGross Profit / (Loss)RevenuesTotal ExpensesNet Profit / (Loss)DrawingsTotal RevenuesF. Bramble, Capital, Dec. 31, 2021 $
AddLess: RevenuesF. Bramble, Capital, Dec. 31, 2021DrawingsF. Bramble, Capital, Jan. 1, 2021InvestmentsTotal RevenuesGross Profit / (Loss)Net Profit / (Loss)Total ExpensesExpenses
AddLess: F. Bramble, Capital, Jan. 1, 2021Net Profit / (Loss)F. Bramble, Capital, Dec. 31, 2021RevenuesTotal ExpensesGross Profit / (Loss)DrawingsExpensesTotal RevenuesInvestments
ExpensesDrawingsGross Profit / (Loss)Total ExpensesRevenuesTotal RevenuesF. Bramble, Capital, Jan. 1, 2021Net Profit / (Loss)InvestmentsF. Bramble, Capital, Dec. 31, 2021 $

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