Fouts Systems Co. offers its services to residents in the Chicago area. Selected accounts from the ledger
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Prepare a statement of owners equity for theyear.
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Lisa DuBois, Capital Lisa DuBois, Drawing 5,000 Oct. 31 5,000 5,000 5,000 Oct. 31 20,000 Nov. 1 (2011) 550,000 Jan. 31 105,000 Apr. 30 July 31 Oct. 31 20,000 Oct. 31 Oct. 31 31 Income Summary 375,000 Oct. 31 105,000 480,000
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