Pls Help me
Answer the statement of owners equity in chart in photo below. Thanks!
to make statement of owners equity, this is the info:
Dec. Mr miller deposited $ as initial investment to his newly open business, Miller repair shop.dec. John miller bought supplies $ on accountDecember a piece of land personally owned by john was transferredto the business for the use of its operation.The land was acquired years ago with a cost of $ the market value as this date is $ of the account on december was paidan equipment was acquired for $ downpayment was made and a promissory note was issued for the balance.The customers were billed for services rendered, $$ was received from cash customerssome customers billed on december issued promissory notes in payment of their accounts for a total of $utilities expense were paid $insurance premium was paid $Salaries of employees were paid $john withdrew cash $ for personal usedfurnitures and fixtures eere acquired $ & downpayment was made and the balance on account $ worth of interest on the note was paidcollected $ from the customers on account$ was received from cash customersmiscellaneous expense were paid$salaries of employees were paid $depreciation ecpense was recorded for equipment $depreciation expense was recorded for a furniture and fixtures $$ wortg of supplies were used.
Choices in the arrow are:
Accounts payable
Accounts receivable
Accumulated depreciation
equipment
Accumulated depreciation
furnitures & fixtures
cash
depreciation expense
equipment
depreciation expense
furnitures & fixtures
equipment
furnitures & fixtures
interest expense
john, owners equity, dec
john, drawing
john, owners equity, dec
john additional investment
land
miscellaneous expense
net income
notes payable
notes receivable
prepaid insurance
salaries expense
service revenue
supplies
supplies expense
utilities expense
