Problem 3-03A a-c (Part Level Submission)

Oriole Co. was organized on July 1, 2020. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown below.

ORIOLE CO. Trial Balance September 30, 2020
		Unadjusted				Adjusted
		Dr.		Cr.		Dr.		Cr.
Cash		$ 8,600				$ 8,600
Accounts Receivable		10,400				11,500
Supplies		1,500				700
Prepaid Rent		2,250				1,200
Equipment		18,900				18,900
Accumulated DepreciationEquipment				$ 0				$ 750
Notes Payable				9,400				9,400
Accounts Payable				2,500				2,500
Salaries and Wages Payable				0				720
Interest Payable				0				94
Unearned Rent Revenue				1,850				1,050
Owners Capital				22,200				22,200
Owners Drawings		1,600				1,600
Service Revenue				17,820				18,920
Rent Revenue				1,400				2,200
Salaries and Wages Expense		8,500				9,220
Rent Expense		1,900				2,950
Depreciation Expense						750
Supplies Expense						800
Utilities Expense		1,520				1,520
Interest Expense						94
		$ 55,170		$ 55,170		$ 57,834		$ 57,834

Prepare a statement of owners equity for the 3 months ending September 30, 2020.

Owners Equity Statement