Prepare the Statement of Owner’s Equity from the Adjusted Trial Balance and Income Statement. Within each section of the statement, enter the accounts in the Chart of Accounts order and the account balances. Then, calculate the ending capital for the month. Enter any decreases using a minus sign or parentheses.   

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Cash SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Accounts Receivable Furniture Account Title Office Supplies Prepaid Rent Accumulated Depreciation--Furniture Accounts Payable Salaries Payable Interest Payable Unearned Revenue Notes Payable Bright, Capital Bright, Withdrawals Service Revenue Depreciation Expense--Furniture Total Interest Expense Rent Expense Salaries Expense Supplies Expense Balance Debit 19,500 10,800 200 13,000 22,800 33,000 2,600 300 3,900 4,500 1,000 Credit 7,800 2,600 600 300 6,500 9,100 25,800 58,900 111,600 111,600 Revenue: Service Revenue Expenses: Depreciation Expense--Furniture Interest Expense Rent Expense Salaries Expense Supplies Expense Total Expenses Net Income SMART TOUCH LEARNING Income Statement Month Ended December 31, 2016 SMART TOUCH LEARNING Owner withdrawal Statement of Owner's Equity Month Ended December 31, 2016 Bright, Capital, December 1, 2016 Net income for the month Bright, Capital, December 31, 2016 2,600 300 3,900 4,500 1,000 58,900 12,300 46,600 25800 58900 58900 33000 Cash SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Accounts Receivable Furniture Account Title Office Supplies Prepaid Rent Accumulated Depreciation--Furniture Accounts Payable Salaries Payable Interest Payable Unearned Revenue Notes Payable Bright, Capital Bright, Withdrawals Service Revenue Depreciation Expense--Furniture Total Interest Expense Rent Expense Salaries Expense Supplies Expense Balance Debit 19,500 10,800 200 13,000 22,800 33,000 2,600 300 3,900 4,500 1,000 Credit 7,800 2,600 600 300 6,500 9,100 25,800 58,900 111,600 111,600 Revenue: Service Revenue Expenses: Depreciation Expense--Furniture Interest Expense Rent Expense Salaries Expense Supplies Expense Total Expenses Net Income SMART TOUCH LEARNING Income Statement Month Ended December 31, 2016 SMART TOUCH LEARNING Owner withdrawal Statement of Owner's Equity Month Ended December 31, 2016 Bright, Capital, December 1, 2016 Net income for the month Bright, Capital, December 31, 2016 2,600 300 3,900 4,500 1,000 58,900 12,300 46,600 25800 58900 58900 33000