Shawn's Tutoring adjusted trial balance follows.\ SHAWN'S TUTORING\ Adjusted Trial Balance\ December 31, 2017\ \\\\table[[Accounts,Debits,Gredits],[

cosh

,1,650,],[Accounts Receivable,1,160,],[Ollice Supples,1,970,],[Equipment,20,040,],[Accumulated Depreciation-Equipment,,1,820],[Accounts Poyable,,960],[interest Payoble,,870],[Notes Rqyable,,3,710],[Shawn cee capitai,,12,949],[Shawn cee, Drawing,650,],[Senvice Revenue,,14,190],[Rent Experse,3,310,],[Suppes Expense,coo,],[Depredaten Experse-Equipment,1.700,],[Interest Expethe,2 eog,],[Total,35.480,35480]]\ SHAWNS TUTORNG\ Income statement\ For year ending December 31,2017\ Service Revenue\ 3,150\ Expenses:\ \\\\table[[Rent Expense,3,310],[Supplies Expense,800],[Depreciation Expense-Equipment,1,700],[Interest Expense,2,200]]\ Total Expenses\ 10,010\ Net Income\ 3,140\ Prepare Shawn's statement of Owner's Equity for the year ended December

31,2017

.\ Shawn's Tutoring\ Statement of owner's Equity\ For year ending December 31, 2017

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Shawn's Tutoring adjusted trial balance follows. SHAWN'S TUTORING Adjusted Trial Balance December 31, 2017 Accounts Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation--Equipment Debits Credits 1.000 1.100 1.970 20.040 1,850 1960 Accounts Payable Interest Payable 873 Notes Payable DIZE Shawn Cee, Capital 12,940 Shawn Cee, Drawing 650 Service Revenue 15,120 Rent Expense Supps Expense Interest Expense 3310 BOD Depreciation Expense--Equipment 1.700 2.200 Total 35,480 33,480 SHAWN'S TUTORING Income Statement For year ending December 31, 2017 Service Revenue Expenses: Rent Expense Supplies Expense ,310 800 Depreciation Expense--Equipment 1,700 Interest Expense 2,200 Total Expenses Net Income 10,010 5,140 Prepare Shawn's statement of Owner's Equity for the year ended December 31, 2017. Shawn's Tutoring Statement of Owner's Equity For year ending December 31, 2017 Shawn's Tutoring adjusted trial balance follows. SHAWN'S TUTORING Adjusted Trial Balance December 31, 2017 Accounts Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation--Equipment Debits Credits 1.000 1.100 1.970 20.040 1,850 1960 Accounts Payable Interest Payable 873 Notes Payable DIZE Shawn Cee, Capital 12,940 Shawn Cee, Drawing 650 Service Revenue 15,120 Rent Expense Supps Expense Interest Expense 3310 BOD Depreciation Expense--Equipment 1.700 2.200 Total 35,480 33,480 SHAWN'S TUTORING Income Statement For year ending December 31, 2017 Service Revenue Expenses: Rent Expense Supplies Expense ,310 800 Depreciation Expense--Equipment 1,700 Interest Expense 2,200 Total Expenses Net Income 10,010 5,140 Prepare Shawn's statement of Owner's Equity for the year ended December 31, 2017. Shawn's Tutoring Statement of Owner's Equity For year ending December 31, 2017