STATEMENT OF OWNERS EQUITY From the partial work sheet below, prepare a statement of owners equity, assuming no additional investment was made by the owner. (Capital 1/31: $5,190)

Work Sheet (Partial) For Month Ended January 31, 20 - -
	ACCOUNT TITLE	INCOME STATEMENT										BALANCE SHEET
		DEBIT					CREDIT					DEBIT					CREDIT
1	Cash											1	2	1	2	00						1
2	Accounts Receivable												8	9	6	00						2
3	Supplies												4	8	2	00						3
4	Prepaid Insurance												9	0	0	00						4
5	Office Equipment											3	0	0	0	00						5
6	Accum. Depr.Office Equipment																	1	0	0	00	6
7	Accounts Payable																1	0	0	0	00	7
8	Wages Payable																	2	0	0	00	8
9	Bill Case, Capital																4	0	0	0	00	9
10	Bill Case, Drawing												8	0	0	00						10
11	Advising Fees						3	7	9	3	00											11
12	Wages Expense		8	0	0	00																12
13	Advertising Expense			8	0	00																13
14	Rent Expense		5	0	0	00																14
15	Supplies Expense		1	2	0	00																15
16	Telephone Expense			5	8	00																16
17	Electricity Expense			4	4	00																17
18	Insurance Expense			3	0	00																18
19	Gas and Oil Expense			3	8	00																19
20	Depr. ExpenseOffice Equipment		1	0	0	00																20
21	Miscellaneous Expense			3	3	00																21
22		1	8	0	3	00	3	7	9	3	00	7	2	9	0	00	5	3	0	0	00	22
23	Net Income	1	9	9	0	00											1	9	9	0	00	23
24		3	7	9	3	00	7	2	9	0	00	7	2	9	0	00	7	2	9	0	00	24