Owner's Capital Expenses Salaries and Wages Expense $ 40,952 i Advertising Expense 2,499 14,437 Rent Expense 4,303 i Utilities Expense Revenues Owner's Capital, December 31 Owner's Capital Expenses Salaries and Wages Expense $ 40,952 i Advertising Expense 2,499 14,437 Rent Expense 4,303 i Utilities Expense Revenues Owner's Capital, December 31