Statement of owner's equity

A$-$One Travel Service is owned and operated by Kate Duffner. The revenues and expenses of A$-$One Travel Service for the year ended August $31,20$Y$6,$ follow:

Fees earned

$$1,150,000$

$150,000$

$45,000$

$640,000$

Office expense

Miscellaneous expense

Wages expense

During the year, Kate Duffner invested an additional $$15,000$ in the business and $$50,000$ was withdrawn for personal use. Kate Duffner, Capital had a balance of $$835,000$ as of September $1,20Y5.$

Prepare a statement of owner's equity for the year ended August $31,20Y6.$

A$-$One Travel Service

Statement of Owner's Equity

For the Year Ended August

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