A Thomas Homework: Chapter 4 Homework LO1,3,4 Save Score: 0 of 15 pts 1 of 5 (0 complete) HW Score: 0%, 0 of 100 pts SF4-2 (similar to) Question Help Daniel Hair Stylists's adjusted trial balance and income statement follow. (Click on the icon to view the adjusted trial balance.) (Click on the icon to view the income statement.) Prepare Daniel's statement of owner's equity for the year ended December 31, 2024. Assume the owner made no contributions during the year Prepare the statement of owner's equity. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. (Exclude any zero-balance events for the period from the statement of owner's equity.) Daniel Hair Stylists Statement of Owner's Equity Year Ended December 31, 2024 Daniel, Capital, January 1, 2024 Net income for the year 500 Owner withdrawal Daniel, Capital, December 31, 2024 Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All parts showing Page 1 of 2 se Account Title Debit Credit di Cash $ 1,000 uity hen Accounts Receivable he 1,400 Hair 1,200 fo 19,700 Dece $ 1,800 200 400 Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Interest Payable Notes Payable Daniel, Capital Daniel, Withdrawals Service Revenue Rent Expense Supplies Expense Depreciation Expense-Equipment 3,600 9.200 24 500 16,200 4,000 600 1,800 1,200 Interest Expense mny nun Print Done Do Homework - Chapter 4 Homework LUI,3,4 Homework.aspx?homework/d=588983114&questionid=1&flushed=false&cid=637787- ug 2021 Section A mapter 4 Homework L01,3,4 1 of 5 (0 complete) balance and income statement follow. Reference Daniel Hair Stylists nie Income Statement Year Ended December 31, 2024 en eg 16,200 24 $ 4,000 1,200 Revenues: Service Revenue Expenses: Rent Expense Interest Expense Depreciation Expense Equipment Supplies Expense Total Expenses Net Income (Loss) ..20 1,800 600 7,600 8,600 Print Done ater any number in the input fields and then click Check Answer. Clear All