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The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59.175 on January 1, 2019, and
The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59.175 on January 1, 2019, and $52,125 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. Accounts 401 Sales 451 Sales Returns and Allowances 491 Miscellaneous Income 501 Purchases 502 Freight In 503 Purchases Returns and Allowances 504 Purchases Discounts 611 Salaries Expense-Sales 614 Store Supplies Expense 617 Depreciation Expense-Store Equipment 631 Rent Expense 634 Utilities Expense 637 Salaries Expense-Office 640 Payroll Taxes Expense 643 Depreciation Expense-Office Equipment 646 Uncollectible Accounts Expense 691 Interest Expense $ 246,400 Cr. 4,290 Dr. 340 Cr 103,000 Dr. 1,915 Dr. 3,540 Cr. 1,740 Cr 44,700 Dr. 2,250 Dr. 1,450 Dr. 12,900 Dr. 2,940 Dr. 20,500 Dr. 5,400 Dr. 510 Dr. 660 Dr 620 Dr The worksheet of Bridget's Office Supplies contains the following owner's equity accounts. No additional investments were made during the period. Accounts 301 Bridget Swanson, Capital 302 Bridget Swanson, Drawing $63, 160 Cr. 40,480 Dr. 643 Depreciation Expense-Office Equipment 646 Uncollectible Accounts Expense 691 Interest Expense 510 Dr 660 Dr. 629 Dr The worksheet of Bridget's Office Supplies contains the following owner's equity accounts. No additional investments were made during the period Accounts 301 Bridget Swanson, Capital 302 Bridget Swanson, Drawing $63, 160 Cr. 40,400 Dr. Net income for the year $43.835. Prepare a statement of owner's equity for the year ended December 31, 2019 BRIDGET'S OFFICE SUPPLIES Statement of Owner's Equity
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