Calculator The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The capital of the owner was $194,100 at April 1, the beginning of the current year. Mr. Thompson invested an additional $14,000 in the business during the year. Accounts payable $1,200 Miscellaneous expense $560 Accounts receivable 10,340 Office expense 550 Cash 32,320 Supplies 1,670 Fees earned 78,730 Wages expense 33,380 Land 47,000 Drawing 6,800 Building 155,410 Prepare a statement of owner's equity for Thompson Computer Services for the current year ended March 31. Thompson Computer Services Statement of Owner's Equity For the Year Ended March 31 Cash 32,320 Thompson, capital, April 1 194,100 Supplies 1,670 78,730 Fees earned Decrease in owner's equity 6,800 Thompson, drawing Previous Next >