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Dalton Hair Stylists Statement of Owner's Equity Year Ended December 31, 2024 Dalton, Capital, January 1, 2024 16,150 4,550 Net income for the year $
Dalton Hair Stylists Statement of Owner's Equity Year Ended December 31, 2024 Dalton, Capital, January 1, 2024 16,150 4,550 Net income for the year $ 20,700 (1,400) Owner withdrawal $ 19,300 Dalton, Capital, December 31, 2024 Print Done Dalton Hair Stylists Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 1,300 Accounts Receivable 1,500 Office Supplies 1,800 20,900 Equipment Accumulated DepreciationEquipment $ 2,200 400 Accounts Payable Interest Payable Notes Payable 500 3,100 Common Stock 16,150 Dividends 1,400 Service Revenue 13,800 Rent Expense 3,900 850 Supplies Expense Depreciation Expense-Equipment 2,200 Interest Expense 2,300 $ 36,150 $ 36,150 Total Dalton Hair Stylists's adjusted trial balance and statement of owner's equity follow. (Click on the icon to view the adjusted trial balance.) (Click on the icon to view the statement of owner's equity.) Prepare Dalton's unclassifed balance sheet at December 31, 2024. Use the account form. Begin by preparing the asset section of the balance sheet, then prepare the liabilities and owner's equity sections. (If a box is not used in the balance sheet, leave the box empty; do not select a label or enter a zero. Abbreviation used: Acc. Depr. = Accumulated Depreciation.) Dalton Hair Stylists Balance Sheet December 31, 2024 Assets Liabilities Less: Owner's Equity
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