September 30, STATEMENT OF OWNER'S EQUITY From the information in the trial balance pre sented above, prepare a statement of owner's equity for Juanita's Delivery Service for the month ended September 30, 20--. Assume this is not the first month of operations and the owner did not invest in the business during September. BALANCE SHEET From the information in the trial balance presented for Juanita's Delivery Service on page 76, prepare a balance sheet for Juanita's Delivery Service as of September 30, 20--. SERIES A PROBLEMS T ACCOUNTS AND TRIAL BALANCE Wilhelm Kohl started a business in May 20-- called Kohl's Home Repair. Kohl hired a part-time college student as an assistant. Kohl has decided to use the following accounts for recording transactions: Assets Owner's Equity Cash Wilhelm Kohl, Capital Accounts Receivable Wilhelm Kohl, Drawing Office Supplies Revenue Prepaid Insurance Service Fees Equipment Expenses Van Rent Expense Liabilities Wages Expense Accounts Payable Phone Expense Gas and Oil Expense The following transactions occurred during May: (a) Invested cash in the business, $25,000. (b) Purchased a used van for cash, $6,000. (c) Purchased equipment on account, $4,000. (d) Received cash for services rendered, $7,500. (e) Paid cash on account owed from transaction (c), $2,300. (f) Paid rent for the month, $850. (g) Paid phone bill, $230. (h) Earned revenue on account, $4,500. (i) Purchased office supplies for cash, $160. (j) Paid wages to an assistant, $800. (k) Purchased a one-year insurance policy, $1, 100. (1) Received cash from services performed in transaction (h), $3,400. (m) Paid cash for gas and oil expense on the van, $155. (n) Purchased additional equipment for $4,200, paying $1,500 cash and spreading the remaining payments over the next 10 months. (o) Earned service fees for the remainder of the month of $3,500: $1,900 in cash and $1,600 on account. (p) Withdrew cash at the end of the month, $2,900