The table below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business on June 1 with a capital investment of $77,000 (Transaction 1).

Assets

=

Liab.

+

Owner's Equity

Transaction

Cash

Accts. Rec.

Supp.

Equip.

Accts. Pay.

G. Sawyer, Capital

Rev.

Exp.

1

+77,000

+77,000

2

− 9,200

+9,200

3

+6,200

+6,200

4

+4,680

+4,680

5

−4,000

−4,000

6

+ 770

−770

7

−3,400

−3,400

8

−550

+550

Bal

60,620

+

5,430

+

550

+

13,880

=

4,680

+

73,600

+

6,200

−

4,000

Prepare the statement of owner's equity for Sawyer Architecture Services for the month ended June 30, 20X1.

SAWYER ARCHITECTURE SERVICES
Statement of Owner's Equity
Month Ended June 30, 20X1
Greg Sawyer, Capital, June 30, 20X1		$0
Net income for June	$0
	0
		0
		$0