Question: Prepare an Owner's Equity Statement for the items listed below. Prepare an Owner's Equity Statement for Arcade Fe Company from the items listed below for
Prepare an Owner's Equity Statement for Arcade Fe Company from the items listed below for the month of September 2022. Write down ne remember the solution since you will carry the result to the next Financial Statement which will be the next.exercises Arcade Fire Company Adjusted Trial Balance September 30, 2022 Debit Credit Cash $ 3,000 14,000 Accounts Receivable Supplies 4,800 Equipment 35,000 Accounts Payable $ 7,000 42,500 Owner's Capital, September 1 Owner's Drawings 6,000 Service Revenue 28,000 9,000 Salaries and Wages Expense Rent Expense 5,000 700 Utilities Expense $. 77,500 $ 77,500 NOTE: Make sure your spelling is correct and that you write the entire account (DO NOT ABBREVIATE). Write $ signs ONLY where needed. Use commas for numbers. Failure to follow these instructions might result in a loss of points. The Owner's Equity Statement will be completed using a Fill In The Blank Method. Make sure you write the appropriate numbers and accounts in the appropriate space. NOTE: Make sure your spelling is correct and that you write the entire account (DO NOT ABBREVIATE). Write S signs ONLY where needed. Use commas for numbers. Failure to follow these instructions might result in a loss of points. The Owner's Equity Statement will be completed using a Fill In The Blank Method. Make sure you write the appropriate numbers and accounts in the appropriate space. IN
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