prepare an owners equity statement for the year. cullumber did not make any capital investments during the year

ESOURCES 13 Credit Debit $8,300 9,000 15,800 s by Study Cullumber Company Adjusted Trial Balance July 31, 2020 No. Account Titles 101 Cash 112 Accounts Receivable 157 Equipment 158 Accumulated Depreciation-Equip. 201 Accounts Payable 208 Uneamed Rent Revenue 301 Owner's Capital 306 Owner's Drawings 400 Service Revenue 429 Rent Revenue 711 Depreciation Expense 726 Salaries and Wages Expense 732 Utilities Expense $7,700 4,700 1,900 45,200 200 64,200 6,500 9,500 56,000 15,400 $130,200 $130,200 ESOURCES t3 CULLUMBER COMPANY Income Statement For the Year Ended July 31, 2020 Revenues s by Study Service Revenue 64,200 Rent Revenue 6,500 Total Revenues 70,700 Expenses Depreciation Expense 9,500 Salaries and Wages Expense 56,000 Utilities Expense 15,400 Total Expenses 80,900 Net Income / (Loss) 10,200 SHOW LIST OF ACCOUNTS (a2 Prepare an owner's equity statement for the year. Cullumber not make any capital investments during the year. CULLUMBER COMPANY Owner's Equity Statement