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. Accounts payable$90,000 Accounts

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.

Accounts payable$90,000 Accounts receivable 500 Advertising expense Cash N. Woods, capital, October 1, 2017 N. Woods, drawings $36,000 6,000 2,600 23,000 3,600 Rent expense 59,300 Service revenue

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