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Question 6 of 10 View Policies Current Attempt in Progress -/1 Prairie Company is owned and operated by Natasha Woods. In alphabetical order below
Question 6 of 10 View Policies Current Attempt in Progress -/1 Prairie Company is owned and operated by Natasha Woods. In alphabetical order below are the financial statement items for Prairie Company. Accounts payable Accounts receivable Advertising expense $90,000 N. Woods, capital, October 1, 2024 $36,000 77,500 N. Woods, drawings 6,000 3,600 Rent expense 2,600 Cash 59,300 Service revenue 23,000 PRAIRIE COMPANY Income Statement Month Ended October 31, 2024 Revenues Service revenue Expenses Advertising expense Rent expense Total expenses Profit for the month $23,000 $3,600 2,600 6.200 $16,800 Using the above data and the information from Prairie's income statement, prepare a statement of owner's equity. (List items that increase retained earnings first.)
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