Question: CALEUSATOR Brief Exercise 3-10 MESSAGE MY TRUCTON PRINTER VERSION BACK NEXT Your answer is partially correct. Try again The adjusted trial balance of Miller Company
CALEUSATOR Brief Exercise 3-10 MESSAGE MY TRUCTON PRINTER VERSION BACK NEXT Your answer is partially correct. Try again The adjusted trial balance of Miller Company et December 31, 2020, indudes the following accounts: Owner's Capitel $16,400, Owner's Drawings $7,000, Service Revenue $39,000, Salaries and Wages Expense $16,000, Insurance Expense $2,000, Rent Expense $4,000, Supplies Experse $1,500, and Deprecietion Expense $1,300. The belance in Owner's Copitel is the balance as of January 1. Prepare an owner's equity statement for the year assuming net income is $14,200 for the year. (List items that increase owner's equity first.) MILLER COMPANY Owner's Equity Statement For the Year Ended December 31, 2020 Owner's Capital, January 1 9,200 14,200 Net Income / (Loss) Add 23,400 7,000 Drawings Less 16,400 Owner's Capital, December 31 Open Show Work Click if you would like to show Work for this question: veron 424.14 11 Sons Inc Sons, Inc. All Righnts Reserved. A Division of Jotyn Wiey 2000-2019 Jobn Wley Policy 1 5:23 hp
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