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Prepare a statement of owner's equity. Palisade Creek Co. Statement of Owner's Equity For the Year Ended May 31, 20Y7 Decrease in owner's equityIncrease in

Prepare a statement of owner's equity.

Palisade Creek Co. Statement of Owner's Equity For the Year Ended May 31, 20Y7
Decrease in owner's equityIncrease in owner's equityLynn Tolley, capital, June 1, 20Y6Lynn Tolley, capital, May 31, 20Y7Net income for the yearLynn Tolley, capital, June 1, 20Y6 $fill in the blank 30
Decrease in owner's equityLynn Tolley, capital, June 1, 20Y6Lynn Tolley, capital, May 31, 20Y7Net income for the yearNet loss for the yearNet income for the year $fill in the blank 32
Decrease in owner's equityIncrease in owner's equityLynn Tolley, capital, June 1, 20Y6Lynn Tolley, capital, May 31, 20Y7WithdrawalsWithdrawals fill in the blank 34
Decrease in owner's equityIncrease in owner's equityLynn Tolley, capital, May 31, 20Y7WithdrawalsNet income for the yearIncrease in owner's equity fill in the blank 36
Increase in owner's equityLynn Tolley, capital, June 1, 20Y6Lynn Tolley, capital, May 31, 20Y7WithdrawalsNet loss for the yearLynn Tolley, capital, May 31, 20Y7 $fill in the blank 38

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