Question: Prepare an owner's equity statement for August. (List items that increase owner's equity first.) MARY SMITH, ATTORNEY AT LAW Owner's Equity Statement August 31,

Prepare an owner's equity statement for August. (List items that increase owner's

Prepare an owner's equity statement for August. (List items that increase owner's equity first.) MARY SMITH, ATTORNEY AT LAW Owner's Equity Statement August 31, 2022 Owner's Capital, August 1 Add Net Income/(Loss) 8,900 3,680 Less Drawings Owner's Capital, August 31 I 700 11,880

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