The adjusted trial balance figures for Todd’s Repair Service follow (for November 30th, 2009). Use these account balance figures to generate a statement of owner’s equity for the business for the end of the month: Cash - $6,950 Equipment - $8,000 Accumulated Depreciation - $500 Salary Expense - $900 Note Payable - $3,000 Service Revenue - $7,000 TH, Withdrawals - $650 TH, Capital - $6,000

The adjusted trial balance figures for Todd’s Repair Service follow (for November 30th, 2009).

Use these account balance figures to generate a statement of owner’s equity for the business

for the end of the month:

Cash - $6,950

Equipment - $8,000

Accumulated Depreciation - $500

Salary Expense - $900

Note Payable - $3,000

Service Revenue - $7,000

TH, Withdrawals - $650

TH, Capital - $6,000

 

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