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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

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, 20Y6, follow: Account Amount Fees earned $1,150,000 Office expense 150,000 Miscellaneous expense 45,000 Wages expense 640,000 During the year, Kate Duffner invested an additional $15,000 in the business and $50,000 was withdrawn for personal use.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

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