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prepare a statement of owners equity. The owner, Rachel Falkner, invested $2,400 cash in the business during the year. (Note: The investmeny has been recorded

prepare a statement of owners equity. The owner, Rachel Falkner, invested $2,400 cash in the business during the year. (Note: The investmeny has been recorded and it is included in the capital account) image text in transcribed
image text in transcribed
Question 1 of 1 Adjusted Trial Balance March 31, 2021 Debit Credit Cash 58.000 Interest receivable 850 Suples 1400 Long term investments 39.000 Land 46.000 175.000 Building Accumulated depreciation-building $30.000 Equipment 37.000 17.500 5.000 1.020 Accumulated depreciation-equipment Accounts payable Interest payable Uneared revenue Notes payable ($6.000 must be paid in February, 2022) R. Falkner, capital R. Falkner, drawings 2.260 66 200 156 320 46,000 Service revenue 123,400 Interest revenue 1600 9.900 3.850 Depreciation experise Interest expense Insurance expense Salaries expense Supplies expense 4.600 30,500 5.700 Utilities expense 5.500 $403,300 $403300 o II IA Prepare a statement of owner's equity. The owner, Rachael Falkner, invested $2.400 cash in the business during the year. Note The investment has been recorded and it is included in the capital account. (List items that increase owner's quity first CRANE FISHING CENTRE Statement of Owner's Equity 5 5 elecbook and Media Attempts of used SA id The Bettio his question mit be completed in order, Thespart will be able when you come to the parto Id ) A O o ED 14 11C Mostly clo

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