Statement of Owner's Equity

Financial information related to Lost Trail Company, a proprietorship, for the month ended November 30, 2014, is as follows:

Net income for November $93,230

Penny Beall's withdrawals during November 10,260

Penny Beall, capital, November 1, 2014 711,300

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Prepare a statement of owner's equity for the month ended November 30, 2014.

Lost Trail Company

Statement of Owner's Equity

For the Month Ended November 30, 2014

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