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Statement of Owner's Equity Serenity Systems Co. offers its services to residents in the Minneapolis area. Selected accounts from the ledger of Serenity Systems Co.

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Statement of Owner's Equity Serenity Systems Co. offers its services to residents in the Minneapolis area. Selected accounts from the ledger of Serenity Systems Co. for the fiscal year ended December 31, 20Y1, are as follows: Farhan Wasti, Capital 98,000Jan. 1 (2011) Dec. 31 Dec. 31 98,000 Mar. 31 1,502,000 385,000 June 30 Farhan Wasti, Drawing 24,500pec. 31 24,500 24,500 24,500 Sept. 30 Dec. 31 Prepare a statement of owner's equity for the year. Serenity Systems Co. Statement of Owner's Equity For the Year Ended December 31, 20Y1

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