Prepare the Statement of Owner's Equity using the Trial Balance and Income Statement

Tina Turner, Paralegal Trial Balance Sunday, January 31, 2021 # ACCOUNT DEBIT CREDIT 100 General Bank Account $21,804.00 110 Trust Bank Account $5,200.00 120 Accounts Receivable $3,567.00 130 Office Supplies $1,234.00 155 Computer Equipment $5,243.00 158 Office Furniture and Equipment $34,200.00 160 Office Equipment $1,950.00 200 Accounts Payable/General Liabilities $5,150.00 210 Credit Card Debt $5,325.00 250 Bank Line of Credit $8,000.00 300 Jane Smith, Capital $42,000.00 350 Jane Smith, Drawings $4,000.00 400 Fees Earned $25,440.00 405 Interest Revenue $500.00 507 Bank Charges $635.00 511 Salaries Expense $3,200.00 529 Interest Expense $235.00 530 Professional Liability Insurance $2,500.00 534 Membership & Professional dues $267.00 538 Rent Expense $2,200.00 565 Telephone Expense $180.00 Total $86,415.00 $86,415.00