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The table below shows the transactions for Thompson Appraisal Services during June. Roger Thompson opened this business on June 1 with a capital investment of

The table below shows the transactions for Thompson Appraisal Services during June. Roger Thompson opened this business on June 1 with a capital investment of $78,000(Transaction 1).
Transaction Assets = Liability + Owner's Equity
Cash + Accounts Receivable + Supplies + Equipment = Accounts Payable + R. Thompson, Capital + Revenue Expense
1+78,000+78,000
28,200+8,200
3+5,200+5,200
4+3,680+3,680
53,5003,500
6+670670
72,4002,400
8450+450
Balance 64,120+4,530+450+11,880=3,680+75,600+5,2003,500
Prepare the statement of owners equity for Thompson Appraisal Services for the month ended June 30,20X1.

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