The capital account for Minta's Editorial Services, including an additional investment, and a partial work sheet are shown below.

REQUIRED
Prepare a statement of owner'sequity.

GENERAL LEDGER ACCOUNT: Minta Berry, Capital ACCOLNT NO 311 BALANCE POST. TATE ITEM DEBIT CREDIT PEE. DEBIT CRENT 20- 36 00 00 1 Balance Jan. 2900 00 6 500 00 22 J1 Minta's Editorial Services Work Sheet (Partial) For Month Ended January 31, 20- INCOME STATEMENT BALANCE SHEET ACCOUNT TITLE DERT REDIT TEBIT CREDIT 1 Cash 38 00 00 2 2 00 00 10 0 0 00 9 50 00 45 00 00 2 | Accounts Receivable 3 Supplies 4 Prepaid Insurance 5 Computer Equipment 6 Accum. Depr.-Computer Equipment 7 Accounts Payable 8 Wages Payable 9 Minta Berry, Capital 10 Minta Berry, Drawing 11 Editing Fees 12 Wages Expense 13 Advertising Expense 14 Rent Expense 15 Supplies Expense 16 Telephone Expense 17 Utilities Expense 18 Insurance Expense 19 Depr. Expense Computer Equipment 20 Miscellaneous Expense 2 25 00 6 2100 00 7 150 00 8 65 00 00 9 1700 00 10 7012 00 11 600 00 12 13 49 00 450 00 28 8 00 4 4 00 14 15 16 38 00 125 00 225 00 18 00 17 18 19 20 7012 00 14 1 50 00 1837 00 5| 175 00 89 75 00 21 51 7500 22 14 1 50 00 14 1 5 0 00 23 21 22 Net Income 23 701200 7| 0 12 00