Prepare an owner's equity statement for the year. Cullumber did not make any capital investments during the year. CULLUMBER COMPANY Owner's Equity Statement For the Year Ended July 31, 2020 Owner's Capital, August 1, 2019 Less Drawings Net Income/ (Loss) Owner's Capital, July 31, 2020 Problem 4-01A a-d (Video) The trial balance columns of the worksheet for Sunland Roofing at March 31, 2020, are as follows. Sunland Roofing Worksheet For the Month Ended March 31, 2020 Trial Balance Dr. 4,400 3,000 1,670 Account Titles Cr. Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Miscellaneous Expense 11,132 1,265 2,620 570 12,127 1,200 6,200 1,020 360 22,782 22,782 Other data: 1. 2. 3. 4. A physical count reveals only $600 of roofing supplies on hand. Depreciation for March is $253. Unearned revenue amounted to $230 at March 31. Accrued salaries are $800. Prepare an owner's equity statement for the year. Cullumber did not make any capital investments during the year. CULLUMBER COMPANY Owner's Equity Statement For the Year Ended July 31, 2020 Owner's Capital, August 1, 2019 Less Drawings Net Income/ (Loss) Owner's Capital, July 31, 2020 Problem 4-01A a-d (Video) The trial balance columns of the worksheet for Sunland Roofing at March 31, 2020, are as follows. Sunland Roofing Worksheet For the Month Ended March 31, 2020 Trial Balance Dr. 4,400 3,000 1,670 Account Titles Cr. Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Miscellaneous Expense 11,132 1,265 2,620 570 12,127 1,200 6,200 1,020 360 22,782 22,782 Other data: 1. 2. 3. 4. A physical count reveals only $600 of roofing supplies on hand. Depreciation for March is $253. Unearned revenue amounted to $230 at March 31. Accrued salaries are $800