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Business, 15.10.2019 21:00 fatherbamboo

The adjusted trial balance of wilder company at december 31, 2017, includes the following accounts: owner’s capital $18,000, owner’s drawings $7,100, service revenue $37,100, salaries and wages expense $15,600, insurance expense $2,800, rent expense $5,000, supplies expense $1,400, and depreciation expense $1,900. the balance in owner’s capital is the balance as of january 1. prepare an owner’s equity statement for the year assuming net income is $10,400 for the year.

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