Question: Refer to the data in BE1-16. Using these data and the information from Prairie's income statement, prepare a statement of owner's equity. Data from BE1-16

Refer to the data in BE1-16. Using these data and the information from Prairie's income statement, prepare a statement of owner's equity.

Data from BE1-16

N. Woods, capital, October 1, 2014 N. Woods, drawings Rent expense Service revenue Accounts payable Accounts receivable

N. Woods, capital, October 1, 2014 N. Woods, drawings Rent expense Service revenue Accounts payable Accounts receivable Advertising expense $90,000 $36,000 6,000 2,600 23,000 77,500 3,600 59,300 Cash

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