Labels Expenses For Month Ended June 30, 20- June 30, 20- Revenue Amount Descriptions Decrease in Capital Increase in Capital Withdrawals for June Mary Adams, Capital, June 1, 20- Mary Adams, Capital, June 30, 20- Net Income for June Net Loss for June Stalent of Owners Equity Prepare a statement of owner's equity, assuming no additional investment was made by the owner Statement of Own Equity Instructions Score: 2/43 Adams' Shoe Shine Statement of Owner's Equity For Month Ended June 30, 20- 1 2 Feodback Check My Work Consider what is included in a statement of owner's equity and use the worksheet to find the amounts needed to prepare the stateme Investment was made by the owner. Use this information to determine the amount of beginning capital. Other amounts needed to com The partial work shoot for Adarra Shoe Shine is shown, prepare a statement of owner's equity, assuming no additional investment was made by the owner. Adams' Shoe Shine Work Sheet (Parin For Month Ended June 30, 20- INCOME STATEMENT DEBIT 1 BALANCE SHEET BALANCE SHEET INCOME STATEMENT CREDIT ACCOUNT TITLE CREDIT Cash DEBIT 3.179.00 1.244.00 800.00 4 Accounts Receivane 1 Supplies 650.00 2.200 DO 1 10000 1,850.00 260.00 6.000.00 2.100.00 4813.00 1.000.00 Office Equipment 1 Accumulated Depreciation Office Equipment Accounts Payable 1 Wages Payable 11 Mary Adarns, Capital 1 Mary Adams, Drawing 15 Service Fees # Wages Experise Advertising Expense 11 Ret pense 11 Supplies Expense 12 Phone Expeme Unitles tapete * Insurance Expense 11 Gas and Oil Experts 1. Depreciation Expense-Office Equipment 21 Mascellaneous Expense 35.00 800.00 373.00 13400 103.00 120.00 87.00 100.00 97.00 24 2.880.00 4,813.00 10.153.00 15 Net Income 8.220.00 1,933.00 1,933.00 54.813.00 $4,813.00 $10.153.00 $10,155.00 Required: Prepare a statement of owner'equity assuming no anestment was made by the owner. Labels and Amount Descriptions