The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local Housing rentals.

Cash
(a)	95,000	(b)	23,000
(d)	15,000	(e)	350
(g)	1,500	(h)	5,500
		(i)	2,500

Equipment
(c)	40,000

Accounts Receivable
(f)	5,000	(g)	1,500

Accounts Payable
		(c)	40,000

Supplies
(b)	23,000

Wade Wilson, Capital
		(a)	95,000

Fees Income
		(d)	15,000
		(f)	5,000

Telephone Expense
(e)	350

Wade Wilson, Drawing
(i)	2,500

Salaries Expense
(h)	5,500

Required: Prepare a statement of owners equity and a balance sheet for Residential Relocators as of December 31, 2019.

Complete this question by entering your answers in the tabs below.

• Stmt of Owners Eqty
• Balance Sheet

Prepare a statement of owners equity for Residential Relocators as of December 31, 2019.

RESIDENTIAL RELOCATORS
Statement of Owner's Equity
Month Ended December 31, 2019

Prepare a balance sheet for Residential Relocators as of December 31, 2019.

RESIDENTIAL RELOCATORS
Balance Sheet
December 31, 2019
Assets		Liabilities
		Owner's Equity
Total assets		Total liabilities and Owner's equity	$0

• S