Current Attempt in Progress These financial statement items are for Pharoah Company at year-end, July 31, 2022. Salaries and wages payable $1,700 Notes payable (due after 2023) Salaries and wages expense 51,800 Cash Utilities expense 22,500 Accounts receivable Equipment 29,100 Accumulated depreciation equipment Accounts payable 4,500 Owner's drawings Service revenue 61,100 Depreciation expense Rent revenue 8,700 Owner's capital (beginning of the year) $1,700 13,400 9,500 6,300 3,800 4,500 50,600 Prepare an owner's equity statement for the year. The owner did not make any new investments during the year. PHAROAH COMPANY Owner's Equity Statement $ List of Accounts Save for Later Attempts: 0 of 2 used 14 $ Submit