1. Prepare the statement of owner's equity for Wilson Towing Service for the month ending June 30,...

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1. Prepare the statement of owner's equity for Wilson Towing Service for the month ending June 30, 2014. Assume the owner made a contribution $2,000 on June 15, 2014.
2. What does the statement of owner's equity report?

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Horngrens Accounting

ISBN: 978-0133117417

10th edition

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Question Posted: Apr 30, 2016 12:22 PM

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1. Prepare the statement of owner's equity for Wilson Towing Service for the month ending June 30,...

Question:

$13,600 Service Revenue Equipment Office Supplies Notes Payable Rent Expense Cash Wilson, Withdrawas 11,200 6.200 3,000 2,950 1,900 900 Accounts Recevable 6,900 Accounts Payable 550 Wilson, Capital, June 1, 2014 ,90 Salaries Expense 1,000

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