Essay
The adjusted trial balance of Hanson Hawk Company at September 30 2016 includes the following accounts: Owner's Capital $27700; Owner's Drawings $9750; Service Revenue $46800; Insurance Expense $1950; Salaries Expense $18000; Rent Expense $3000; Supplies Expense $650; and Depreciation Expense $1100. Prepare an owner's equity statement for the year.
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