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Prepare a statement of Owners Equity Current Attempt in Progress Your answer is partially correct. Crane Company is owned and operated by Natasha Woods. In
Prepare a statement of Owners Equity Current Attempt in Progress Your answer is partially correct. Crane Company is owned and operated by Natasha Woods. In alphabetical order below are the financial statement items for Crane Company $99.000 $36.400 Accounts payable Accounts receivable Advertising expense 87.500 5.200 N. Woods, capital, October 1, 2021 N. Woods, drawings Rent expense Service revenue 4,000 2.200 Cash 59,300 23.600 CRANE COMPANY Income Statement Month Ended October 31, 2021 Revenues Service revenue $ 23,600 Expenses Advertising expense $ 4 000 Rent expense 2.200 Total expenses 6.200 Profit $ 17,400 Using the above data and the information from Crane's income statement, prepare a statement of owner's equity. (List Items that Increase retained coming first.) CRANECOMPANY Statement of Owner's Equity Month Ended October 31, 2021 CRANE COMPANY Income Statement Month Ended October 31, 2021 Revenues Service revenue $23.600 $ 4000 Expenses Advertising expense Rent expense Total expenses 2200 6.200 Proht $17.400 Using the above data and the information from Crane's income statement, prepare a statement of owner's equity (List Items that increase retained earnings first) CRANECOMPANY Statement of Owner's Equity Monthnded October 31, 2021 Add
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