Prepare the owners equity statement for July 31, 2017:

Information given from previous questions:

Ashley Williams opened Ashleys Maids Cleaning Service on July 1, 2017. During July, the company completed the following transactions.

July	1		Invested $15,500 cash in the business.
	1		Purchased a used truck for $10,700, paying $2,800 cash and the balance on account.
	3		Purchased cleaning supplies for $800 on account.
	5		Paid $2,304 on a one-year insurance policy, effective July 1.
	12		Billed customers $3,500 for cleaning services.
	18		Paid $1,300 of amount owed on truck, and $230 of amount owed on cleaning supplies.
	20		Paid $1,500 for employee salaries.
	21		Collected $1,500 from customers billed on July 12.
	25		Billed customers $1,600 for cleaning services.
	31		Paid gasoline for the month on the truck, $400.
	31		Withdrew $700 cash for personal use.

.
		(1)		Unbilled fees for services performed at July 31 were $1,300.
		(2)		Depreciation on equipment for the month was $200.
		(3)		One-twelfth of the insurance expired.
		(4)		An inventory count shows $300 of cleaning supplies on hand at July 31.
		(5)		Accrued but unpaid employee salaries were $500.

(d2) Prepare the owner's equity statement for July 31, 2017. (List items that will increase owner's capital first.) ASHLEY'S MAIDS CLEANING SERVICE Owner's Equity Statement