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I cant seem to get the beginning owners equity fSHERIDAN ROOFING Income Statement Revenues I I Expenses V Salaries and Wages Expense $ 1800 1/

I cant seem to get the beginning owners equity

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\fSHERIDAN ROOFING Income Statement Revenues I I Expenses V Salaries and Wages Expense $ 1800 1/ Supplies Expense 1,470 1/ Miscellaneous Expense 3230 Depreciation Expense 247 Total Expenses v 3,89? Net Income 3' (Loss) v $ 3,133 \\ Your answer is partially correct. Try again. T. Sheridan made an additional investment in the business of $8,923 in March. Prepare an owner's equity statement for the month of March. (List items that increase owner's equity first.) SHERIDAN ROOFING Owner's Equity Statement For the Month Ended March 31, 2020 v Owner's Capital, March 1 v Add v Investments 8923 Net Income / (Loss) 3,133 12,056 6 Less v Drawings 1130 Owner's Capital, March 31 vTrial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Account Titles Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Cash 4,800 4,800 4,800 Accounts Receivable 3,000 3000 3000 Supplies 2,070 1,470 600 600 Equipment 10,868 10868 10868 Accumulated Depreciation-Equipment 1,235 247 1,482 1482 Accounts Payable 2,970 2970 2970 Unearned Service Revenue 520 330 190 190 Owner's Capital 11,823 11823 11823 Owner's Drawings 1,130 1130 1130 Service Revenue 6,700 330 7,030 7,030 Salaries and Wages Expense 1,000 800 1800 1800 Miscellaneous Expense 380 380 380 Totals 23,248 23,248 V Supplies Expense 1,470 1,470 1,470 V Depreciation Expense 247 247 247 Salaries and Wages Payable 800 800 800

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