ig if of Owner's Equity Balance Sheet Final Question Statement of Owner's Equity Shaded cells have feedback and its 2.Prepare a statement of owner's equity for the year ended December 31, 2019. Refer to the information given and the lists of Accounts, Labels, and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure , the to complete the statement heading. If a net loss is incurred or there is a decrease in owner's equity, enter that amount as a negative number using a minus sign. Question not attempted Score: 0/51 Nordic Travel Agency Statement of Owner's Equity Label) Financial statements Income Statement Statement of Owner's Equ bels and Am The amounts of the assets and Sablties of Nordic Travel Agency at December 31, 2019, the end of the year, and ts revenue and expenses for the year follow. The capital of lan Eisele, owner, was $670.000 on January 1, 2019, the beginning of the year. During the year, lan withdrew $42,000. Amounts Accounts 69,500 Accounts payable 285,000 Accounts receivable Qu 90,500 Cash 912,500 Fees eaned 544,000 Land 6,400 Miscellaneous expense 36,000 Rent expense 5,500 Supplies 4,100 Supplies expense 28,500 Utlities expense 510,000 Wages expense Required: Labels and Amount Descriptions feedback 3. Prepare a balance sheet as of December 31, 2019. Refer to the lists of Accounts, Labels and Amount Descriptions provided for the exct wordling of the answer choices for text entries. Be sure to complete the statement heading evenue and year. During the CO Question not attempted Nordic Travel AgencyScore: 0/75 Balance Sheet (Label) cor Assets Labilities Owner's equlity 10 Points:0/17 Feodback Check My Work that the balance sheet is a formal presentation of the accounting equation, such that total Follow Example Exercise 1-6. Recal Final Question Final Question COMM and 4. What item appears on both the statement of owner's equity and the balance sheet? Points:-0,1 Check My Work CODING The statement of owner's equity is prepared first, so that this item can be used in preparing the balance sheet HIS