Test: 2021midterm Question of 13 This The 10 Deine wengine de 11 2016 The wewe wan Peter Ang December FO Adat List Ownery Data table $ 3,000 $ 40,000 78,000 Insurance Expense Service Revenue Utilities Expense Rent Expense Ruth, Capital, Jan. 1, 2016 Salaries Expense Accounts Payable Office Supplies Ruth, Withdrawals Accounts Receivable 7,600 2,500 1,100 13,000 13,800 9,500 4,500 Cash 5,000 Equipment 12,200 Print Done Devine Arrangements Income Statement Year Ended December 31, 2016 Revenues: Service Revenue Expenses: Salaries Expense $ Rent Expense Insurance Expense 78,000 40,000 13,000 3,000 1,100 Utilities Expense Total Expenses 57,100 20,900 Net Income Print Done - Reference Devine Arrangements Statement of Owner's Equity Year Ended December 31, 2016 Ruth, Capital, January 1, 2016 Owner contribution $ 9,500 0 Net income for the year 20,900 $ 30,400 (13,800) Owner withdrawals $ 16,600 Ruth, Capital, December 31, 2016 Print Done