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Statement of Owners Equity: Prepare the statement of owners equity using the adjusted trial balance. Here is the trail balance information. Here is the income

Statement of Owners Equity: Prepare the statement of owners equity using the adjusted trial balance.

Here is the trail balance information.

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Here is the income statement:

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This is what I have so far, please correct if wrong.image text in transcribed

\begin{tabular}{l|r|r|} \hline \multicolumn{1}{|c|}{ Account } & \multicolumn{1}{c|}{ Debit } & \multicolumn{1}{c|}{ Credit } \\ \hline Cash & 50,650.00 & \\ \hline Accounts Receivable & 2,975.00 & \\ \hline Prepaid Rent & 7,170.00 & \\ \hline Prepaid Insurance & 750.00 & \\ \hline Vehicle & 15,000.00 & \\ \hline Office Supplies & 750.00 & \\ \hline Accumulated Depreciation & & 250.00 \\ \hline Notes Payable & & 25,000.00 \\ \hline Accounts Payable & & 155.00 \\ \hline Wages Payable & 1,000.00 & \\ \hline Owner's Capital & & \\ \hline Owner Draws & 1,195.00 & \\ \hline Service Revenue & 250.00 & \\ \hline Rent Expense & 155.00 & \\ \hline Business License Expense & 210.00 & \\ \hline Telephone Expense & 250.00 & \\ \hline Repairs and Maintenance Expense & 650.00 & \\ \hline Advertising Expense & 250.00 & \\ \hline Wages Expense & 81,255.00 & 81,255.00 \\ \hline Depreciation Expense & & \\ \hline Total: & & \\ \hline \end{tabular} A Company Income Statement For Month ending 06/30/20XX \begin{tabular}{|l|ll|} \hline Revenues & \multicolumn{3}{l|}{} \\ \hline Revenues & & 5,525.00 \\ \hline & $ & 5,525.00 \\ \hline Total Revenues & & \\ \hline \end{tabular} \begin{tabular}{l|rr|} \hline Operating Expenses: & \multicolumn{3}{l|}{} \\ \hline Advertising & $ & 250.00 \\ \hline Business License Expense & $ & 650.00 \\ \hline Wages Expense & $ & 155.00 \\ \hline Telephone Expense & $ & 210.00 \\ \hline Maintenance Expense & $ & 250.00 \\ \hline Deprecation Expense & $ & 1,195.00 \\ \hline Rent Expense & $ & 750.00 \\ \hline Supplies Expense & & \\ \hline & & 3,710.00 \\ \hline Total Operating Expenses: & & \\ \hline & & 1,815.00 \\ \hline \end{tabular} Company Name Statement of Owner's Equity Period Ending 06/30/20XX

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