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Statement of Owner's Equity

The revenues and expenses of Zenith Travel Service for the year ended August $31,20$Y$4,$ follow:

Fees earned $$770,990$

Office expense $177,330$

Miscellaneous expense $15,420$

Wages expense $370,075$

Prepare a statement of owner$$s equity for the year ended August $31,20$Y$4.$ Megan Cox, the owner, invested an additional $$46,300$ in the business during the year and withdrew cash of $$29,300$ for personal use. Megan Cox, capital as of September $1,20$Y$3,$ was $$208,000.$

Zenith Travel Service

Statement of Owner's Equity

For the Year Ended August $31,20$Y$4$