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Statement of Owner's Equity The revenues and expenses of Zenith Travel Service for the year ended August 31, 2014, follow: Fees earned Office expense

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Statement of Owner's Equity The revenues and expenses of Zenith Travel Service for the year ended August 31, 2014, follow: Fees earned Office expense $960,105 220,825 Miscellaneous expense Wages expense 19,200 460,850 Prepare a statement of owner's equity for the year ended August 31, 2014. Megan Cox, the owner, invested an additional $57,600 in the business during the year and withdrew cash of $36,500 for personal use. Megan Cox, capital as of September 1, 2013, was $259,000. Zenith Travel Service Statement of Owner's Equity For the Year Ended August 31, 2014 100

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