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the adjusted trial balance of blossom company at December 31, 2022, includes the following accounts: owner's capital $16,500, owner's drawings $7,200, service revenue $36,800, salaries
the adjusted trial balance of blossom company at December 31, 2022, includes the following accounts: owner's capital $16,500, owner's drawings $7,200, service revenue $36,800, salaries and wages expense $15,300, insurance expense $2,200, rent expense $4,400, supplies expense $1,500, and depreciation expense $1,500. the balance in owner's capital is the balance as of January 1. prepare an owner's equity statement for the yearassuming net income is $11,900 for the year.
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