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Statement of Owner's Equity 2. Prepare a statement of owner's equity for the Month Ended July 31, 20Y2. Be sure to complete the statement heading.
Statement of Owner's Equity 2. Prepare a statement of owner's equity for the Month Ended July 31, 20Y2. Be sure to complete the statement heading. Refer to the lists of Accounts in the Amount Descriptions for the exact wording of the answer choices for text entries. If required, use the minus sign to indicate any decreases in equity. If an amo Reliance Financial Services Statement of Owner's Equity For the Month Ended July 31, 20Y2 1 2 3 4 5 6 Instructions + Seth - Seth + Accounts + Fees - Rent Auto Misc. Cash Accounts Salaries Receivable Supplies Feye, Capital Feye, Drawing Earned Expense Expense Supplies Expense Expense Payable Expense a. +50,000 +50,000 b. +7,000 +7,000 Bal. 50,000 7,000 7,000 50,000 c. -3,600 -3.600 Bal. 46,400 7,000 3,400 50,000 d. +110,000 +110,000 Bal. 156,400 7,000 3,400 50,000 110,000 e -33,000 -33,000 Bal. 123,400 7,000 3,400 50,000 110,000 -33,000 f. -20,800 - 16,000 -4,800 Bal. 102,600 7,000 3,400 50,000 110,000 -33,000 -16.000 -4,800 g. -55,000 -55,000 Bal. 47,600 7,000 3,400 50,000 110,000 -55,000 -33,000 -16,000 -4,800 h. -4,500 -4,500 Bal. 47,600 2,500 3,400 50,000 110,000 -55,000 -33,000 -16,000 -4,500 -4,800 i. +34,500 +34,500 Bal. 47,600 34,500 2,500 3,400 50,000 144,500 -55,000 -33,000 -16,000 -4,500 -4,800 j. -15,000 - 15,000 Bal. 32,600 34,500 2,500 3,400 50,000 -15,000 144,500 -55,000 -33,000 -16,000 -4,500 -4,800
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