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STATEMENT OF OWNERS EQUITY 1. Prepare a statement of owner's equity. The capital account for Autumn Chou, including an additional investment, and a partial work
STATEMENT OF OWNERS EQUITY 1. Prepare a statement of owner's equity. The capital account for Autumn Chou, including an additional investment, and a partial work sheet are shown below. GENERAL LEDGER ACCOUNT Autumn Chou, Capital ACCOUNT NO. 311 BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-- Jan. 1 Balance 4,800 18 J1 1,200 6,000 Autumn's Home Designs Work Sheet (Partial) For Month Ended January 31, 20 -- Income Statement Balance Sheet Account Title Debit Credit Debit Credit Cash 3,200 Accounts Receivable 1,600 Supplies 800 Prepaid Insurance 900 Office Equipment 2,500 Accum. Depr.Office Equipment 50 Accounts Payable 1,950 Wages Payable 180 Autumn Chou, Capital 6,000 Aut
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